This module allows you to analyze existing cross correlation between Madrid Gnrl and DAX. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and DAX.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the DAX. In addition to that, Madrid Gnrl is 1.27 times more volatile than DAX. It trades about -0.05 of its total potential returns per unit of risk. DAX is currently generating about 0.03 per unit of volatility. If you would invest 1,300,314 in DAX on October 22, 2017 and sell it today you would earn a total of 5,552 from holding DAX or generate 0.43% return on investment over 30 days.