This module allows you to analyze existing cross correlation between Madrid Gnrl and Stockholm. You can compare the effects of market volatilities on Madrid Gnrl and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and Stockholm.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. Stockholm
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 1.46 times less return on investment than Stockholm. But when comparing it to its historical volatility, Madrid Gnrl is 1.07 times less risky than Stockholm. It trades about 0.09 of its potential returns per unit of risk. Stockholm is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 58,080 in Stockholm on April 22, 2018 and sell it today you would earn a total of 1,109 from holding Stockholm or generate 1.91% return on investment over 30 days.