This module allows you to analyze existing cross correlation between NZSE and Russia TR. You can compare the effects of market volatilities on NZSE and Russia 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 Russia TR. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and Russia TR.
|Time Horizon||30 Days Login to change|
NZSE vs. Russia TR
Assuming 30 trading days horizon, NZSE is expected to generate 0.33 times more return on investment than Russia TR. However, NZSE is 2.99 times less risky than Russia TR. It trades about 0.04 of its potential returns per unit of risk. Russia TR is currently generating about -0.08 per unit of risk. If you would invest 817,913 in NZSE on March 23, 2018 and sell it today you would earn a total of 9,428 from holding NZSE or generate 1.15% return on investment over 30 days.