This module allows you to analyze existing cross correlation between Madrid Gnrl and NIKKEI 225. You can compare the effects of market volatilities on Madrid Gnrl and NIKKEI 225 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 NIKKEI 225. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and NIKKEI 225.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. NIKKEI 225
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 22.33 times less return on investment than NIKKEI 225. But when comparing it to its historical volatility, Madrid Gnrl is 1.46 times less risky than NIKKEI 225. It trades about 0.0 of its potential returns per unit of risk. NIKKEI 225 is currently generating about 0.01 of returns per unit of risk over similar time horizon. If you would invest 2,214,921 in NIKKEI 225 on March 20, 2018 and sell it today you would earn a total of 898.83 from holding NIKKEI 225 or generate 0.04% return on investment over 30 days.