This module allows you to analyze existing cross correlation between Greece TR and Russell 2000 . You can compare the effects of market volatilities on Greece TR and Russell 2000 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 Russell 2000. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and Russell 2000.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to generate 1.43 times more return on investment than Russell 2000. However, Greece TR is 1.43 times more volatile than Russell 2000 . It trades about 0.47 of its potential returns per unit of risk. Russell 2000 is currently generating about 0.19 per unit of risk. If you would invest 56,326 in Greece TR on December 20, 2017 and sell it today you would earn a total of 5,569 from holding Greece TR or generate 9.89% return on investment over 30 days.