This module allows you to analyze existing cross correlation between Stockholm and Bovespa. You can compare the effects of market volatilities on Stockholm and Bovespa 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 Stockholm with a short position of Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and Bovespa.
|Time Horizon||30 Days Login to change|
Stockholm vs. Bovespa
Assuming 30 trading days horizon, Stockholm is expected to generate 1.01 times more return on investment than Bovespa. However, Stockholm is 1.01 times more volatile than Bovespa. It trades about 0.02 of its potential returns per unit of risk. Bovespa is currently generating about -0.03 per unit of risk. If you would invest 57,166 in Stockholm on March 24, 2018 and sell it today you would earn a total of 435.23 from holding Stockholm or generate 0.76% return on investment over 30 days.