This module allows you to analyze existing cross correlation between ATX and Shanghai. You can compare the effects of market volatilities on ATX 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 ATX with a short position of Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and Shanghai.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate 1.22 times more return on investment than Shanghai. However, ATX is 1.22 times more volatile than Shanghai. It trades about 0.49 of its potential returns per unit of risk. Shanghai is currently generating about 0.41 per unit of risk. If you would invest 342,063 in ATX on December 19, 2017 and sell it today you would earn a total of 20,745 from holding ATX or generate 6.06% return on investment over 30 days.