This module allows you to analyze existing cross correlation between Madrid Gnrl and ATX. You can compare the effects of market volatilities on Madrid Gnrl and ATX 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 Madrid Gnrl with a short position of ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and ATX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 2.55 times less return on investment than ATX. In addition to that, Madrid Gnrl is 1.1 times more volatile than ATX. It trades about 0.17 of its total potential returns per unit of risk. ATX is currently generating about 0.49 per unit of volatility. If you would invest 340,689 in ATX on December 17, 2017 and sell it today you would earn a total of 19,239 from holding ATX or generate 5.65% return on investment over 30 days.