This module allows you to analyze existing cross correlation between NYSE and Russell 2000 . You can compare the effects of market volatilities on NYSE and Russell 2000 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 Russell 2000. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and Russell 2000.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 0.55 times more return on investment than Russell 2000. However, NYSE is 1.82 times less risky than Russell 2000. It trades about 0.62 of its potential returns per unit of risk. Russell 2000 is currently generating about 0.27 per unit of risk. If you would invest 1,279,745 in NYSE on December 22, 2017 and sell it today you would earn a total of 58,701 from holding NYSE or generate 4.59% return on investment over 30 days.