This module allows you to analyze existing cross correlation between Russia TR and Nasdaq. You can compare the effects of market volatilities on Russia TR and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and Nasdaq.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Russia TR is expected to under-perform the Nasdaq. In addition to that, Russia TR is 1.74 times more volatile than Nasdaq. It trades about -0.03 of its total potential returns per unit of risk. Nasdaq is currently generating about 0.1 per unit of volatility. If you would invest 662,422 in Nasdaq on October 18, 2017 and sell it today you would earn a total of 8,199 from holding Nasdaq or generate 1.24% return on investment over 30 days.