This module allows you to analyze existing cross correlation between NZSE and Stockholm. You can compare the effects of market volatilities on NZSE and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and Stockholm.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NZSE is expected to generate 0.75 times more return on investment than Stockholm. However, NZSE is 1.33 times less risky than Stockholm. It trades about -0.08 of its potential returns per unit of risk. Stockholm is currently generating about -0.15 per unit of risk. If you would invest 831,426 in NZSE on January 22, 2018 and sell it today you would lose (13,513) from holding NZSE or give up 1.63% of portfolio value over 30 days.