This module allows you to analyze existing cross correlation between Russia TR and S&P 500. You can compare the effects of market volatilities on Russia TR and SP 500 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 SP 500. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and SP 500.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Russia TR is expected to generate 1.05 times more return on investment than SP 500. However, Russia TR is 1.05 times more volatile than S&P 500. It trades about 0.02 of its potential returns per unit of risk. S&P 500 is currently generating about -0.12 per unit of risk. If you would invest 117,992 in Russia TR on January 26, 2018 and sell it today you would earn a total of 655.92 from holding Russia TR or generate 0.56% return on investment over 30 days.