This module allows you to analyze existing cross correlation between Russell 2000 and DAX. You can compare the effects of market volatilities on Russell 2000 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 Russell 2000 with a short position of DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of Russell 2000 and DAX.
|Time Horizon||30 Days Login to change|
Russell 2000 vs. DAX
Given the investment horizon of 30 days, Russell 2000 is expected to generate 17.56 times less return on investment than DAX. In addition to that, Russell 2000 is 1.31 times more volatile than DAX. It trades about 0.0 of its total potential returns per unit of risk. DAX is currently generating about 0.02 per unit of volatility. If you would invest 1,248,379 in DAX on March 26, 2018 and sell it today you would earn a total of 6,703 from holding DAX or generate 0.54% return on investment over 30 days.