This module allows you to analyze existing cross correlation between NYSE and Russell 2000 . You can compare the effects of market volatilities on NYSE and Russell 2000 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 Russell 2000. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and Russell 2000.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 0.45 times more return on investment than Russell 2000. However, NYSE is 2.23 times less risky than Russell 2000. It trades about -0.16 of its potential returns per unit of risk. Russell 2000 is currently generating about -0.07 per unit of risk. If you would invest 1,243,053 in NYSE on October 20, 2017 and sell it today you would lose (12,763) from holding NYSE or give up 1.03% of portfolio value over 30 days.