- Companies in United States
- Peer Analysis
This module allows you to analyze existing cross correlation between Swiss Mrt and NYSE. You can compare the effects of market volatilities on Swiss Mrt 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 Swiss Mrt with a short position of NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Swiss Mrt and NYSE.
|Horizon||30 Days Login to change|
Predicted Return Density
Swiss Mrt vs. NYSE
If you would invest 871,368 in Swiss Mrt on November 14, 2018 and sell it today you would earn a total of 0.00 from holding Swiss Mrt or generate 0.0% return on investment over 30 days.
Pair Corralation between Swiss Mrt and NYSE
|Time Period||2 Months [change]|
Diversification Opportunities for Swiss Mrt and NYSE
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Swiss Mrt and NYSE in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on NYSE and Swiss Mrt is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Swiss Mrt are associated (or correlated) with NYSE. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of NYSE has no effect on the direction of Swiss Mrt i.e. Swiss Mrt and NYSE go up and down completely randomly.