This module allows you to analyze existing cross correlation between Russia TR and BSE. You can compare the effects of market volatilities on Russia TR and BSE 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 Russia TR with a short position of BSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and BSE.
|Time Horizon||30 Days Login to change|
Russia TR vs. BSE
Assuming 30 trading days horizon, Russia TR is expected to under-perform the BSE. But the index apears to be less risky and, when comparing its historical volatility, Russia TR is 1.94 times less risky than BSE. The index trades about -0.71 of its potential returns per unit of risk. The BSE is currently generating about 0.14 of returns per unit of risk over similar time horizon. If you would invest 3,465,124 in BSE on May 22, 2018 and sell it today you would earn a total of 78,115 from holding BSE or generate 2.25% return on investment over 30 days.