This module allows you to analyze existing cross correlation between XU100 and Bovespa. You can compare the effects of market volatilities on XU100 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 XU100 with a short position of Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of XU100 and Bovespa.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, XU100 is expected to under-perform the Bovespa. In addition to that, XU100 is 1.32 times more volatile than Bovespa. It trades about -0.01 of its total potential returns per unit of risk. Bovespa is currently generating about 0.01 per unit of volatility. If you would invest 8,479,271 in Bovespa on February 18, 2018 and sell it today you would earn a total of 5,206 from holding Bovespa or generate 0.06% return on investment over 30 days.