This module allows you to analyze existing cross correlation between Hang Seng and Russia TR. You can compare the effects of market volatilities on Hang Seng and Russia 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 Russia TR. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and Russia TR.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the Russia TR. In addition to that, Hang Seng is 1.04 times more volatile than Russia TR. It trades about -0.14 of its total potential returns per unit of risk. Russia TR is currently generating about -0.01 per unit of volatility. If you would invest 119,457 in Russia TR on January 25, 2018 and sell it today you would lose (809.08) from holding Russia TR or give up 0.68% of portfolio value over 30 days.