This module allows you to analyze existing cross correlation between Hang Seng and All Ords. You can compare the effects of market volatilities on Hang Seng and All Ords 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 Hang Seng with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and All Ords.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the All Ords. In addition to that, Hang Seng is 1.75 times more volatile than All Ords. It trades about -0.11 of its total potential returns per unit of risk. All Ords is currently generating about -0.08 per unit of volatility. If you would invest 610,620 in All Ords on January 20, 2018 and sell it today you would lose (10,140) from holding All Ords or give up 1.66% of portfolio value over 30 days.