This module allows you to analyze existing cross correlation between NYSE and DAX. You can compare the effects of market volatilities on NYSE and DAX 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 NYSE with a short position of DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and DAX.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 1.32 times more return on investment than DAX. However, NYSE is 1.32 times more volatile than DAX. It trades about -0.15 of its potential returns per unit of risk. DAX is currently generating about -0.27 per unit of risk. If you would invest 1,351,266 in NYSE on January 25, 2018 and sell it today you would lose (62,862) from holding NYSE or give up 4.65% of portfolio value over 30 days.