This module allows you to analyze existing cross correlation between FTSE MIB and Bovespa. You can compare the effects of market volatilities on FTSE MIB and Bovespa 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 FTSE MIB with a short position of Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of FTSE MIB and Bovespa.
|Time Horizon||30 Days Login to change|
FTSE MIB vs. Bovespa
Assuming 30 trading days horizon, FTSE MIB is expected to under-perform the Bovespa. In addition to that, FTSE MIB is 36.16 times more volatile than Bovespa. It trades about -0.58 of its total potential returns per unit of risk. Bovespa is currently generating about 0.01 per unit of volatility. If you would invest 7,007,500 in Bovespa on May 23, 2018 and sell it today you would earn a total of 57,555 from holding Bovespa or generate 0.82% return on investment over 30 days.