This module allows you to analyze existing cross correlation between NZSE and Madrid Gnrl. You can compare the effects of market volatilities on NZSE and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
NZSE vs. Madrid Gnrl
Assuming 30 trading days horizon, NZSE is expected to generate 1.17 times more return on investment than Madrid Gnrl. However, NZSE is 1.17 times more volatile than Madrid Gnrl. It trades about 0.01 of its potential returns per unit of risk. Madrid Gnrl is currently generating about -0.02 per unit of risk. If you would invest 899,937 in NZSE on May 25, 2018 and sell it today you would earn a total of 0.01 from holding NZSE or generate 0.0% return on investment over 30 days.