This module allows you to analyze existing cross correlation between Madrid Gnrl and Bovespa. You can compare the effects of market volatilities on Madrid Gnrl and Bovespa 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 Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and Bovespa.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 0.63 times more return on investment than Bovespa. However, Madrid Gnrl is 1.59 times less risky than Bovespa. It trades about -0.09 of its potential returns per unit of risk. Bovespa is currently generating about -0.08 per unit of risk. If you would invest 102,935 in Madrid Gnrl on October 24, 2017 and sell it today you would lose (1,816) from holding Madrid Gnrl or give up 1.76% of portfolio value over 30 days.