This module allows you to analyze existing cross correlation between Hang Seng and NQTH. You can compare the effects of market volatilities on Hang Seng and NQTH 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 NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and NQTH.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to generate 1.04 times more return on investment than NQTH. However, Hang Seng is 1.04 times more volatile than NQTH. It trades about 0.84 of its potential returns per unit of risk. NQTH is currently generating about 0.56 per unit of risk. If you would invest 2,905,041 in Hang Seng on December 18, 2017 and sell it today you would earn a total of 293,300 from holding Hang Seng or generate 10.1% return on investment over 30 days.