This module allows you to analyze existing cross correlation between Greece TR and Madrid Gnrl. You can compare the effects of market volatilities on Greece TR and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to generate 1.32 times more return on investment than Madrid Gnrl. However, Greece TR is 1.32 times more volatile than Madrid Gnrl. It trades about 0.45 of its potential returns per unit of risk. Madrid Gnrl is currently generating about 0.25 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.