This module allows you to analyze existing cross correlation between Greece TR and Nasdaq. You can compare the effects of market volatilities on Greece TR and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and Nasdaq.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to under-perform the Nasdaq. In addition to that, Greece TR is 1.4 times more volatile than Nasdaq. It trades about -0.28 of its total potential returns per unit of risk. Nasdaq is currently generating about 0.16 per unit of volatility. If you would invest 725,643 in Nasdaq on February 15, 2018 and sell it today you would earn a total of 22,531 from holding Nasdaq or generate 3.1% return on investment over 30 days.