This module allows you to analyze existing cross correlation between XU100 and Nasdaq. You can compare the effects of market volatilities on XU100 and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of XU100 and Nasdaq.
|Time Horizon||30 Days Login to change|
XU100 vs. Nasdaq
Assuming 30 trading days horizon, XU100 is expected to under-perform the Nasdaq. In addition to that, XU100 is 16568.0 times more volatile than Nasdaq. It trades about -0.18 of its total potential returns per unit of risk. Nasdaq is currently generating about 1.0 per unit of volatility. If you would invest 774,702 in Nasdaq on May 20, 2018 and sell it today you would earn a total of 0.50 from holding Nasdaq or generate 0.0% return on investment over 30 days.