This module allows you to analyze existing cross correlation between ATX and Hang Seng. You can compare the effects of market volatilities on ATX 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 ATX with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and Hang Seng.
|Time Horizon||30 Days Login to change|
ATX vs. Hang Seng
Given the investment horizon of 30 days, ATX is expected to generate 0.71 times more return on investment than Hang Seng. However, ATX is 1.4 times less risky than Hang Seng. It trades about 0.05 of its potential returns per unit of risk. Hang Seng is currently generating about -0.04 per unit of risk. If you would invest 341,726 in ATX on March 24, 2018 and sell it today you would earn a total of 6,369 from holding ATX or generate 1.86% return on investment over 30 days.