This module allows you to analyze existing cross correlation between NYSE and S&P 500. You can compare the effects of market volatilities on NYSE and SP 500 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 SP 500. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and SP 500.
|Time Horizon||30 Days Login to change|
NYSE vs. S&P 500
Given the investment horizon of 30 days, NYSE is expected to generate 0.8 times more return on investment than SP 500. However, NYSE is 1.25 times less risky than SP 500. It trades about -0.06 of its potential returns per unit of risk. S&P 500 is currently generating about -0.07 per unit of risk. If you would invest 1,299,962 in NYSE on March 27, 2018 and sell it today you would lose (48,176) from holding NYSE or give up 3.71% of portfolio value over 30 days.