This module allows you to analyze existing cross correlation between Russia TR and NIKKEI 225. You can compare the effects of market volatilities on Russia TR and NIKKEI 225 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 NIKKEI 225. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and NIKKEI 225.
|Time Horizon||30 Days Login to change|
Russia TR vs. NIKKEI 225
Assuming 30 trading days horizon, Russia TR is expected to under-perform the NIKKEI 225. In addition to that, Russia TR is 1.56 times more volatile than NIKKEI 225. It trades about -0.2 of its total potential returns per unit of risk. NIKKEI 225 is currently generating about -0.14 per unit of volatility. If you would invest 2,300,237 in NIKKEI 225 on May 21, 2018 and sell it today you would lose (71,495) from holding NIKKEI 225 or give up 3.11% of portfolio value over 30 days.