This module allows you to analyze existing cross correlation between NYSE and NZSE. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and NZSE.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 1.92 times less return on investment than NZSE. But when comparing it to its historical volatility, NYSE is 1.42 times less risky than NZSE. It trades about 0.05 of its potential returns per unit of risk. NZSE is currently generating about 0.07 of returns per unit of risk over similar time horizon. If you would invest 808,674 in NZSE on October 26, 2017 and sell it today you would earn a total of 5,074 from holding NZSE or generate 0.63% return on investment over 30 days.