This module allows you to analyze existing cross correlation between Hang Seng and Greece TR. You can compare the effects of market volatilities on Hang Seng and Greece TR 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 Greece TR. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and Greece TR.
|Time Horizon||30 Days Login to change|
Hang Seng vs. Greece TR
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the Greece TR. But the index apears to be less risky and, when comparing its historical volatility, Hang Seng is 2.11 times less risky than Greece TR. The index trades about -0.16 of its potential returns per unit of risk. The Greece TR is currently generating about -0.02 of returns per unit of risk over similar time horizon. If you would invest 53,172 in Greece TR on May 20, 2018 and sell it today you would lose (1,007) from holding Greece TR or give up 1.89% of portfolio value over 30 days.