This module allows you to analyze existing cross correlation between Greece TR and Stockholm. You can compare the effects of market volatilities on Greece TR and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and Stockholm.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to generate 1.84 times more return on investment than Stockholm. However, Greece TR is 1.84 times more volatile than Stockholm. It trades about 0.53 of its potential returns per unit of risk. Stockholm is currently generating about 0.18 per unit of risk. If you would invest 55,747 in Greece TR on December 19, 2017 and sell it today you would earn a total of 6,417 from holding Greece TR or generate 11.51% return on investment over 30 days.