This module allows you to analyze existing cross correlation between Stockholm and DAX. You can compare the effects of market volatilities on Stockholm and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and DAX.
|Time Horizon||30 Days Login to change|
Stockholm vs. DAX
Assuming 30 trading days horizon, Stockholm is expected to generate 0.88 times more return on investment than DAX. However, Stockholm is 1.14 times less risky than DAX. It trades about -0.01 of its potential returns per unit of risk. DAX is currently generating about -0.01 per unit of risk. If you would invest 57,552 in Stockholm on March 27, 2018 and sell it today you would lose (405.27) from holding Stockholm or give up 0.7% of portfolio value over 30 days.