This module allows you to analyze existing cross correlation between Hang Seng and IPC. You can compare the effects of market volatilities on Hang Seng and IPC 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 IPC. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and IPC.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the IPC. In addition to that, Hang Seng is 2.07 times more volatile than IPC. It trades about -0.13 of its total potential returns per unit of risk. IPC is currently generating about -0.2 per unit of volatility. If you would invest 5,074,693 in IPC on January 24, 2018 and sell it today you would lose (177,729) from holding IPC or give up 3.5% of portfolio value over 30 days.