This module allows you to analyze existing cross correlation between NZSE and Greece TR. You can compare the effects of market volatilities on NZSE and Greece TR 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 Greece TR. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and Greece TR.
|Time Horizon||30 Days Login to change|
NZSE vs. Greece TR
Assuming 30 trading days horizon, NZSE is expected to generate 6.56 times less return on investment than Greece TR. But when comparing it to its historical volatility, NZSE is 3.2 times less risky than Greece TR. It trades about 0.35 of its potential returns per unit of risk. Greece TR is currently generating about 0.71 of returns per unit of risk over similar time horizon. If you would invest 52,831 in Greece TR on May 23, 2018 and sell it today you would earn a total of 1,145 from holding Greece TR or generate 2.17% return on investment over 30 days.