This module allows you to analyze existing cross correlation between Russell 2000 and NZSE. You can compare the effects of market volatilities on Russell 2000 and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Russell 2000 and NZSE.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Russell 2000 is expected to generate 1.48 times more return on investment than NZSE. However, Russell 2000 is 1.48 times more volatile than NZSE. It trades about 0.3 of its potential returns per unit of risk. NZSE is currently generating about -0.09 per unit of risk. If you would invest 154,423 in Russell 2000 on December 24, 2017 and sell it today you would earn a total of 6,094 from holding Russell 2000 or generate 3.95% return on investment over 30 days.