This module allows you to analyze existing cross correlation between NZSE and DOW. You can compare the effects of market volatilities on NZSE and DOW 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 NZSE with a short position of DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and DOW.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NZSE is expected to generate 4.45 times less return on investment than DOW. In addition to that, NZSE is 1.17 times more volatile than DOW. It trades about 0.02 of its total potential returns per unit of risk. DOW is currently generating about 0.11 per unit of volatility. If you would invest 2,332,946 in DOW on October 25, 2017 and sell it today you would earn a total of 19,672 from holding DOW or generate 0.84% return on investment over 30 days.