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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, XU100 is expected to generate 3.19 times more return on investment than NZSE. However, XU100 is 3.19 times more volatile than NZSE. It trades about -0.03 of its potential returns per unit of risk. NZSE is currently generating about -0.1 per unit of risk. If you would invest 10,730,325 in XU100 on October 21, 2017 and sell it today you would lose (106,379) from holding XU100 or give up 0.99% of portfolio value over 30 days.