This module allows you to analyze existing cross correlation between Hang Seng and Madrid Gnrl. You can compare the effects of market volatilities on Hang Seng and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Hang Seng vs. Madrid Gnrl
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the Madrid Gnrl. In addition to that, Hang Seng is 1.68 times more volatile than Madrid Gnrl. It trades about -0.06 of its total potential returns per unit of risk. Madrid Gnrl is currently generating about 0.02 per unit of volatility. If you would invest 99,839 in Madrid Gnrl on March 23, 2018 and sell it today you would earn a total of 605.00 from holding Madrid Gnrl or generate 0.61% return on investment over 30 days.