This module allows you to analyze existing cross correlation between Stockholm and MerVal. You can compare the effects of market volatilities on Stockholm and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and MerVal.
|Time Horizon||30 Days Login to change|
Stockholm vs. MerVal
Assuming 30 trading days horizon, Stockholm is expected to generate 0.81 times more return on investment than MerVal. However, Stockholm is 1.23 times less risky than MerVal. It trades about 0.02 of its potential returns per unit of risk. MerVal is currently generating about -0.1 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.