This module allows you to analyze existing cross correlation between Nasdaq and All Ords. You can compare the effects of market volatilities on Nasdaq and All Ords 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 Nasdaq with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and All Ords.
|Time Horizon||30 Days Login to change|
Nasdaq vs. All Ords
Assuming 30 trading days horizon, Nasdaq is expected to generate 1.12 times more return on investment than All Ords. However, Nasdaq is 1.12 times more volatile than All Ords. It trades about 0.23 of its potential returns per unit of risk. All Ords is currently generating about 0.2 per unit of risk. If you would invest 743,385 in Nasdaq on May 26, 2018 and sell it today you would earn a total of 25,897 from holding Nasdaq or generate 3.48% return on investment over 30 days.