This module allows you to analyze existing cross correlation between FTSE MIB and S&P 500. You can compare the effects of market volatilities on FTSE MIB and SP 500 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 SP 500. See also your portfolio center. Please also check ongoing floating volatility patterns of FTSE MIB and SP 500.
|Time Horizon||30 Days Login to change|
FTSE MIB vs. S&P 500
Assuming 30 trading days horizon, FTSE MIB is expected to under-perform the SP 500. In addition to that, FTSE MIB is 125.46 times more volatile than S&P 500. It trades about -0.58 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.06 per unit of volatility. If you would invest 272,444 in S&P 500 on May 22, 2018 and sell it today you would earn a total of 2,377 from holding S&P 500 or generate 0.87% return on investment over 30 days.