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|
Assuming 30 trading days horizon, NZSE is expected to under-perform the Russia TR. But the index apears to be less risky and, when comparing its historical volatility, NZSE is 1.8 times less risky than Russia TR. The index trades about -0.09 of its potential returns per unit of risk. The Russia TR is currently generating about 0.73 of returns per unit of risk over similar time horizon. If you would invest 103,238 in Russia TR on December 24, 2017 and sell it today you would earn a total of 14,825 from holding Russia TR or generate 14.36% return on investment over 30 days.