This module allows you to analyze existing cross correlation between All Ords and Hang Seng. You can compare the effects of market volatilities on All Ords and Hang Seng 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 All Ords with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and Hang Seng.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, All Ords is expected to generate 0.57 times more return on investment than Hang Seng. However, All Ords is 1.75 times less risky than Hang Seng. It trades about -0.08 of its potential returns per unit of risk. Hang Seng is currently generating about -0.11 per unit of risk. If you would invest 610,620 in All Ords on January 20, 2018 and sell it today you would lose (10,140) from holding All Ords or give up 1.66% of portfolio value over 30 days.