This module allows you to analyze existing cross correlation between Russia TR and IBEX 35. You can compare the effects of market volatilities on Russia TR and IBEX 35 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 IBEX 35. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and IBEX 35.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Russia TR is expected to generate 1.49 times more return on investment than IBEX 35. However, Russia TR is 1.49 times more volatile than IBEX 35. It trades about -0.07 of its potential returns per unit of risk. IBEX 35 is currently generating about -0.3 per unit of risk. If you would invest 118,063 in Russia TR on January 20, 2018 and sell it today you would lose (2,924) from holding Russia TR or give up 2.48% of portfolio value over 30 days.