This module allows you to analyze existing cross correlation between Greece TR and SPTSX Comp. You can compare the effects of market volatilities on Greece TR and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and SPTSX Comp.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to generate 3.23 times more return on investment than SPTSX Comp. However, Greece TR is 3.23 times more volatile than SPTSX Comp. It trades about 0.65 of its potential returns per unit of risk. SPTSX Comp is currently generating about 0.3 per unit of risk. If you would invest 55,570 in Greece TR on December 17, 2017 and sell it today you would earn a total of 6,996 from holding Greece TR or generate 12.59% return on investment over 30 days.