This module allows you to analyze existing cross correlation between Nasdaq and Stockholm. You can compare the effects of market volatilities on Nasdaq and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and Stockholm.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Nasdaq is expected to generate 1.44 times more return on investment than Stockholm. However, Nasdaq is 1.44 times more volatile than Stockholm. It trades about -0.03 of its potential returns per unit of risk. Stockholm is currently generating about -0.17 per unit of risk. If you would invest 733,638 in Nasdaq on January 19, 2018 and sell it today you would lose (9,691) from holding Nasdaq or give up 1.32% of portfolio value over 30 days.