This module allows you to analyze existing cross correlation between SPTSX Comp and Shanghai. You can compare the effects of market volatilities on SPTSX Comp 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 SPTSX Comp with a short position of Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and Shanghai.
|Time Horizon||30 Days Login to change|
SPTSX Comp vs. Shanghai
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.65 times more return on investment than Shanghai. However, SPTSX Comp is 1.54 times less risky than Shanghai. It trades about 0.01 of its potential returns per unit of risk. Shanghai is currently generating about -0.07 per unit of risk. If you would invest 1,543,940 in SPTSX Comp on March 21, 2018 and sell it today you would earn a total of 1,502 from holding SPTSX Comp or generate 0.1% return on investment over 30 days.