This module allows you to analyze existing cross correlation between Madrid Gnrl and NYSE. You can compare the effects of market volatilities on Madrid Gnrl and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and NYSE.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. NYSE
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the NYSE. In addition to that, Madrid Gnrl is 2.06 times more volatile than NYSE. It trades about -0.13 of its total potential returns per unit of risk. NYSE is currently generating about -0.02 per unit of volatility. If you would invest 1,268,701 in NYSE on May 20, 2018 and sell it today you would lose (3,965) from holding NYSE or give up 0.31% of portfolio value over 30 days.