|Horizon||30 Days Login to change|
NYSE vs. Bovespa
Given the investment horizon of 30 days, NYSE is expected to under-perform the Bovespa. But the index apears to be less risky and, when comparing its historical volatility, NYSE is 1.45 times less risky than Bovespa. The index trades about -0.02 of its potential returns per unit of risk. The Bovespa is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 8,216,306 in Bovespa on October 14, 2018 and sell it today you would earn a total of 336,194 from holding Bovespa or generate 4.09% return on investment over 30 days.
Pair Corralation between NYSE and Bovespa