This module allows you to analyze existing cross correlation between Stockholm and S&P 500. You can compare the effects of market volatilities on Stockholm and SP 500 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 SP 500. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and SP 500.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to generate 2.09 times less return on investment than SP 500. In addition to that, Stockholm is 1.28 times more volatile than S&P 500. It trades about 0.15 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.41 per unit of volatility. If you would invest 269,016 in S&P 500 on December 18, 2017 and sell it today you would earn a total of 8,626 from holding S&P 500 or generate 3.21% return on investment over 30 days.