This module allows you to analyze existing cross correlation between DAX and Hang Seng. You can compare the effects of market volatilities on DAX 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 DAX with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of DAX and Hang Seng.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, DAX is expected to generate 6.71 times less return on investment than Hang Seng. In addition to that, DAX is 1.19 times more volatile than Hang Seng. It trades about 0.03 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.