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|
Given the investment horizon of 30 days, ATX is expected to generate 1.63 times less return on investment than Hang Seng. In addition to that, ATX is 1.01 times more volatile than Hang Seng. It trades about 0.52 of its total potential returns per unit of risk. Hang Seng is currently generating about 0.86 per unit of volatility. If you would invest 2,936,706 in Hang Seng on December 21, 2017 and sell it today you would earn a total of 288,783 from holding Hang Seng or generate 9.83% return on investment over 30 days.