This module allows you to analyze existing cross correlation between NYSE and CAC 40. You can compare the effects of market volatilities on NYSE and CAC 40 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 NYSE with a short position of CAC 40. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and CAC 40.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 0.6 times more return on investment than CAC 40. However, NYSE is 1.66 times less risky than CAC 40. It trades about 0.05 of its potential returns per unit of risk. CAC 40 is currently generating about -0.11 per unit of risk. If you would invest 1,235,243 in NYSE on October 26, 2017 and sell it today you would earn a total of 3,840 from holding NYSE or generate 0.31% return on investment over 30 days.