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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to under-perform the DAX. But the index apears to be less risky and, when comparing its historical volatility, Stockholm is 1.36 times less risky than DAX. The index trades about -0.22 of its potential returns per unit of risk. The DAX is currently generating about 0.0 of returns per unit of risk over similar time horizon. If you would invest 1,300,314 in DAX on October 21, 2017 and sell it today you would lose (941) from holding DAX or give up 0.07% of portfolio value over 30 days.