This module allows you to analyze existing cross correlation between Hang Seng and OSE All. You can compare the effects of market volatilities on Hang Seng and OSE All 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 OSE All. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and OSE All.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the OSE All. In addition to that, Hang Seng is 1.69 times more volatile than OSE All. It trades about -0.14 of its total potential returns per unit of risk. OSE All is currently generating about -0.05 per unit of volatility. If you would invest 93,218 in OSE All on January 25, 2018 and sell it today you would lose (1,159) from holding OSE All or give up 1.24% of portfolio value over 30 days.