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.
|Time Horizon||30 Days Login to change|
DAX vs. Hang Seng
Assuming 30 trading days horizon, DAX is expected to generate 0.77 times more return on investment than Hang Seng. However, DAX is 1.31 times less risky than Hang Seng. It trades about -0.11 of its potential returns per unit of risk. Hang Seng is currently generating about -0.16 per unit of risk. If you would invest 1,304,083 in DAX on May 20, 2018 and sell it today you would lose (36,286) from holding DAX or give up 2.78% of portfolio value over 30 days.