This module allows you to analyze existing cross correlation between Madrid Gnrl and MerVal. You can compare the effects of market volatilities on Madrid Gnrl and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and MerVal.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 0.45 times more return on investment than MerVal. However, Madrid Gnrl is 2.23 times less risky than MerVal. It trades about -0.32 of its potential returns per unit of risk. MerVal is currently generating about -0.16 per unit of risk. If you would invest 107,269 in Madrid Gnrl on January 26, 2018 and sell it today you would lose (7,367) from holding Madrid Gnrl or give up 6.87% of portfolio value over 30 days.