This module allows you to analyze existing cross correlation between CAC 40 and Hang Seng. You can compare the effects of market volatilities on CAC 40 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 CAC 40 with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of CAC 40 and Hang Seng.
|Time Horizon||30 Days Login to change|
CAC 40 vs. Hang Seng
Assuming 30 trading days horizon, CAC 40 is expected to generate 0.64 times more return on investment than Hang Seng. However, CAC 40 is 1.57 times less risky than Hang Seng. It trades about 0.06 of its potential returns per unit of risk. Hang Seng is currently generating about -0.06 per unit of risk. If you would invest 530,217 in CAC 40 on March 23, 2018 and sell it today you would earn a total of 11,066 from holding CAC 40 or generate 2.09% return on investment over 30 days.