This module allows you to analyze existing cross correlation between Greece TR and DAX. You can compare the effects of market volatilities on Greece TR and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and DAX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to generate 1.28 times more return on investment than DAX. However, Greece TR is 1.28 times more volatile than DAX. It trades about -0.17 of its potential returns per unit of risk. DAX is currently generating about -0.35 per unit of risk. If you would invest 64,782 in Greece TR on January 23, 2018 and sell it today you would lose (3,273) from holding Greece TR or give up 5.05% of portfolio value over 30 days.