This module allows you to analyze existing cross correlation between Russia TR and NYSE. You can compare the effects of market volatilities on Russia TR and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and NYSE.
|Time Horizon||30 Days Login to change|
Russia TR vs. NYSE
Assuming 30 trading days horizon, Russia TR is expected to under-perform the NYSE. But the index apears to be less risky and, when comparing its historical volatility, Russia TR is 2.86 times less risky than NYSE. The index trades about -0.71 of its potential returns per unit of risk. The NYSE is currently generating about -0.06 of returns per unit of risk over similar time horizon. If you would invest 1,276,666 in NYSE on May 22, 2018 and sell it today you would lose (11,792) from holding NYSE or give up 0.92% of portfolio value over 30 days.