This module allows you to analyze existing cross correlation between DAX and Shanghai. You can compare the effects of market volatilities on DAX 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 DAX with a short position of Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of DAX and Shanghai.
|Time Horizon||30 Days Login to change|
DAX vs. Shanghai
Assuming 30 trading days horizon, DAX is expected to generate 0.78 times more return on investment than Shanghai. However, DAX is 1.28 times less risky than Shanghai. It trades about -0.21 of its potential returns per unit of risk. Shanghai is currently generating about -0.35 per unit of risk. If you would invest 1,316,992 in DAX on May 22, 2018 and sell it today you would lose (65,801) from holding DAX or give up 5.0% of portfolio value over 30 days.