This module allows you to analyze existing cross correlation between XU100 and NZSE. You can compare the effects of market volatilities on XU100 and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of XU100 and NZSE.
|Time Horizon||30 Days Login to change|
XU100 vs. NZSE
Assuming 30 trading days horizon, XU100 is expected to under-perform the NZSE. In addition to that, XU100 is 1.65 times more volatile than NZSE. It trades about -0.04 of its total potential returns per unit of risk. NZSE is currently generating about 0.08 per unit of volatility. If you would invest 812,665 in NZSE on March 22, 2018 and sell it today you would earn a total of 19,657 from holding NZSE or generate 2.42% return on investment over 30 days.