This module allows you to analyze existing cross correlation between Russia TR and NZSE. You can compare the effects of market volatilities on Russia TR and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and NZSE.
|Time Horizon||30 Days Login to change|
Russia TR vs. NZSE
Assuming 30 trading days horizon, Russia TR is expected to under-perform the NZSE. In addition to that, Russia TR is 3.23 times more volatile than NZSE. It trades about -0.09 of its total potential returns per unit of risk. NZSE is currently generating about -0.01 per unit of volatility. If you would invest 831,577 in NZSE on March 24, 2018 and sell it today you would lose (4,236) from holding NZSE or give up 0.51% of portfolio value over 30 days.