This module allows you to analyze existing cross correlation between NYSE and MerVal. You can compare the effects of market volatilities on NYSE and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and MerVal.
|Time Horizon||30 Days Login to change|
NYSE vs. MerVal
Given the investment horizon of 30 days, NYSE is expected to generate 1.0 times more return on investment than MerVal. However, NYSE is 1.0 times less risky than MerVal. It trades about -0.01 of its potential returns per unit of risk. MerVal is currently generating about -0.11 per unit of risk. If you would invest 1,276,334 in NYSE on March 21, 2018 and sell it today you would lose (9,186) from holding NYSE or give up 0.72% of portfolio value over 30 days.