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|
Hang Seng vs. Bursa Malaysia
Given the investment horizon of 30 days, Hang Seng is expected to generate 0.74 times more return on investment than Bursa Malaysia. However, Hang Seng is 1.35 times less risky than Bursa Malaysia. It trades about -0.08 of its potential returns per unit of risk. Bursa Malaysia is currently generating about -0.2 per unit of risk. If you would invest 3,104,791 in Hang Seng on May 19, 2018 and sell it today you would lose (73,842) from holding Hang Seng or give up 2.38% of portfolio value over 30 days.