This module allows you to analyze existing cross correlation between All Ords and Shanghai. You can compare the effects of market volatilities on All Ords and Shanghai 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 Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and Shanghai.
|Time Horizon||30 Days Login to change|
All Ords vs. Shanghai
Assuming 30 trading days horizon, All Ords is expected to generate 0.58 times more return on investment than Shanghai. However, All Ords is 1.72 times less risky than Shanghai. It trades about -0.04 of its potential returns per unit of risk. Shanghai is currently generating about -0.12 per unit of risk. If you would invest 604,730 in All Ords on March 23, 2018 and sell it today you would lose (8,290) from holding All Ords or give up 1.37% of portfolio value over 30 days.