This module allows you to analyze existing cross correlation between Hang Seng and Bursa Malaysia. You can compare the effects of market volatilities on Hang Seng and Bursa Malaysia 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 Bursa Malaysia. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and Bursa Malaysia.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the Bursa Malaysia. In addition to that, Hang Seng is 2.15 times more volatile than Bursa Malaysia. It trades about -0.13 of its total potential returns per unit of risk. Bursa Malaysia is currently generating about 0.08 per unit of volatility. If you would invest 183,704 in Bursa Malaysia on January 24, 2018 and sell it today you would earn a total of 2,113 from holding Bursa Malaysia or generate 1.15% return on investment over 30 days.