This module allows you to analyze existing cross correlation between Hang Seng and Stockholm. You can compare the effects of market volatilities on Hang Seng and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and Stockholm.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to generate 1.13 times less return on investment than Stockholm. In addition to that, Hang Seng is 1.52 times more volatile than Stockholm. It trades about 0.06 of its total potential returns per unit of risk. Stockholm is currently generating about 0.1 per unit of volatility. If you would invest 56,096 in Stockholm on February 15, 2018 and sell it today you would earn a total of 1,059 from holding Stockholm or generate 1.89% return on investment over 30 days.