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.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. DAX
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 1.2 times more return on investment than DAX. However, Madrid Gnrl is 1.2 times more volatile than DAX. It trades about 0.01 of its potential returns per unit of risk. DAX is currently generating about -0.2 per unit of risk. If you would invest 98,874 in Madrid Gnrl on May 26, 2018 and sell it today you would earn a total of 205.00 from holding Madrid Gnrl or generate 0.21% return on investment over 30 days.