This module allows you to analyze existing cross correlation between IBEX 35 and Shanghai. You can compare the effects of market volatilities on IBEX 35 and Shanghai 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 IBEX 35 with a short position of Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of IBEX 35 and Shanghai.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, IBEX 35 is expected to under-perform the Shanghai. In addition to that, IBEX 35 is 1.05 times more volatile than Shanghai. It trades about -0.18 of its total potential returns per unit of risk. Shanghai is currently generating about 0.0 per unit of volatility. If you would invest 326,856 in Shanghai on February 21, 2018 and sell it today you would lose (507.89) from holding Shanghai or give up 0.16% of portfolio value over 30 days.