This module allows you to analyze existing cross correlation between Madrid Gnrl and SPTSX Comp. You can compare the effects of market volatilities on Madrid Gnrl and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and SPTSX Comp.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. SPTSX Comp
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 1.07 times more return on investment than SPTSX Comp. However, Madrid Gnrl is 1.07 times more volatile than SPTSX Comp. It trades about 0.02 of its potential returns per unit of risk. SPTSX Comp is currently generating about -0.01 per unit of risk. If you would invest 99,902 in Madrid Gnrl on March 25, 2018 and sell it today you would earn a total of 542.00 from holding Madrid Gnrl or generate 0.54% return on investment over 30 days.