This module allows you to analyze existing cross correlation between NYSE and S&P 500. You can compare the effects of market volatilities on NYSE and SP 500 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 SP 500. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and SP 500.
|Time Horizon||30 Days Login to change|
NYSE vs. S&P 500
Given the investment horizon of 30 days, NYSE is expected to under-perform the SP 500. In addition to that, NYSE is 1.12 times more volatile than S&P 500. It trades about -0.03 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.07 per unit of volatility. If you would invest 272,776 in S&P 500 on May 24, 2018 and sell it today you would earn a total of 2,712 from holding S&P 500 or generate 0.99% return on investment over 30 days.