This module allows you to analyze existing cross correlation between Stockholm and Nasdaq. You can compare the effects of market volatilities on Stockholm and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and Nasdaq.
|Time Horizon||30 Days Login to change|
Stockholm vs. Nasdaq
Assuming 30 trading days horizon, Stockholm is expected to generate 0.55 times more return on investment than Nasdaq. However, Stockholm is 1.81 times less risky than Nasdaq. It trades about 0.02 of its potential returns per unit of risk. Nasdaq is currently generating about -0.05 per unit of risk. If you would invest 57,245 in Stockholm on March 26, 2018 and sell it today you would earn a total of 423.86 from holding Stockholm or generate 0.74% return on investment over 30 days.