This module allows you to analyze existing cross correlation between Russell 2000 and Russia TR. You can compare the effects of market volatilities on Russell 2000 and Russia TR 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 Russia TR. See also your portfolio center. Please also check ongoing floating volatility patterns of Russell 2000 and Russia TR.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Russell 2000 is expected to under-perform the Russia TR. But the index apears to be less risky and, when comparing its historical volatility, Russell 2000 is 1.59 times less risky than Russia TR. The index trades about -0.04 of its potential returns per unit of risk. The Russia TR is currently generating about 0.03 of returns per unit of risk over similar time horizon. If you would invest 99,980 in Russia TR on October 19, 2017 and sell it today you would earn a total of 537 from holding Russia TR or generate 0.54% return on investment over 30 days.