This module allows you to analyze existing cross correlation between NYSE and NIKKEI 225. You can compare the effects of market volatilities on NYSE and NIKKEI 225 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 NIKKEI 225. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and NIKKEI 225.
|Time Horizon||30 Days Login to change|
NYSE vs. NIKKEI 225
Given the investment horizon of 30 days, NYSE is expected to under-perform the NIKKEI 225. In addition to that, NYSE is 1.02 times more volatile than NIKKEI 225. It trades about -0.05 of its total potential returns per unit of risk. NIKKEI 225 is currently generating about 0.03 per unit of volatility. If you would invest 2,189,278 in NIKKEI 225 on March 26, 2018 and sell it today you would earn a total of 38,534 from holding NIKKEI 225 or generate 1.76% return on investment over 30 days.