This module allows you to analyze existing cross correlation between Bovespa and Hang Seng. You can compare the effects of market volatilities on Bovespa 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 Bovespa with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and Hang Seng.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to under-perform the Hang Seng. In addition to that, Bovespa is 2.31 times more volatile than Hang Seng. It trades about -0.09 of its total potential returns per unit of risk. Hang Seng is currently generating about 0.26 per unit of volatility. If you would invest 2,830,588 in Hang Seng on October 22, 2017 and sell it today you would earn a total of 95,443 from holding Hang Seng or generate 3.37% return on investment over 30 days.