|Horizon||30 Days Login to change|
Nasdaq vs. Stockholm
Assuming 30 trading days horizon, Nasdaq is expected to generate 1.25 times less return on investment than Stockholm. But when comparing it to its historical volatility, Nasdaq is 1.0 times less risky than Stockholm. It trades about 0.05 of its potential returns per unit of risk. Stockholm is currently generating about 0.06 of returns per unit of risk over similar time horizon. If you would invest 60,678 in Stockholm on August 23, 2018 and sell it today you would earn a total of 657.00 from holding Stockholm or generate 1.08% return on investment over 30 days.
Pair Corralation between Nasdaq and Stockholm