This module allows you to analyze existing cross correlation between Hang Seng and IBEX 35. You can compare the effects of market volatilities on Hang Seng and IBEX 35 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 IBEX 35. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and IBEX 35.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to generate 0.67 times more return on investment than IBEX 35. However, Hang Seng is 1.49 times less risky than IBEX 35. It trades about 0.19 of its potential returns per unit of risk. IBEX 35 is currently generating about -0.1 per unit of risk. If you would invest 2,848,724 in Hang Seng on October 20, 2017 and sell it today you would earn a total of 71,180 from holding Hang Seng or generate 2.5% return on investment over 30 days.