This module allows you to analyze existing cross correlation between Greece TR and CAC 40. You can compare the effects of market volatilities on Greece TR and CAC 40 and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Greece TR with a short position of CAC 40. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and CAC 40.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to under-perform the CAC 40. In addition to that, Greece TR is 1.67 times more volatile than CAC 40. It trades about -0.32 of its total potential returns per unit of risk. CAC 40 is currently generating about -0.06 per unit of volatility. If you would invest 530,217 in CAC 40 on February 21, 2018 and sell it today you would lose (6,243) from holding CAC 40 or give up 1.18% of portfolio value over 30 days.