This module allows you to analyze existing cross correlation between Hang Seng and MerVal. You can compare the effects of market volatilities on Hang Seng and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and MerVal.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to generate 1.8323609418415756E14 times less return on investment than MerVal. But when comparing it to its historical volatility, Hang Seng is 2.878263356955144E14 times less risky than MerVal. It trades about 0.33 of its potential returns per unit of risk. MerVal is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest 2,778,260 in MerVal on October 23, 2017 and sell it today you would lose (51,655) from holding MerVal or give up 1.86% of portfolio value over 30 days.