This module allows you to analyze existing cross correlation between Hang Seng and NQFI. You can compare the effects of market volatilities on Hang Seng and NQFI 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 NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and NQFI.
|Time Horizon||30 Days Login to change|
Hang Seng vs. NQFI
Given the investment horizon of 30 days, Hang Seng is expected to generate 1.16 times more return on investment than NQFI. However, Hang Seng is 1.16 times more volatile than NQFI. It trades about -0.08 of its potential returns per unit of risk. NQFI is currently generating about -0.1 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.