|Horizon||30 Days Login to change|
Stockholm vs. Nasdaq
Assuming 30 trading days horizon, Stockholm is expected to under-perform the Nasdaq. But the index apears to be less risky and, when comparing its historical volatility, Stockholm is 1.34 times less risky than Nasdaq. The index trades about -0.38 of its potential returns per unit of risk. The Nasdaq is currently generating about -0.23 of returns per unit of risk over similar time horizon. If you would invest 798,696 in Nasdaq on September 21, 2018 and sell it today you would lose (57,404) from holding Nasdaq or give up 7.19% of portfolio value over 30 days.
Pair Corralation between Stockholm and Nasdaq