This module allows you to analyze existing cross correlation between Russia TR and Hang Seng. You can compare the effects of market volatilities on Russia TR and Hang Seng 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 Russia TR with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and Hang Seng.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Russia TR is expected to generate 1.39 times more return on investment than Hang Seng. However, Russia TR is 1.39 times more volatile than Hang Seng. It trades about 0.8 of its potential returns per unit of risk. Hang Seng is currently generating about 0.83 per unit of risk. If you would invest 101,411 in Russia TR on December 20, 2017 and sell it today you would earn a total of 15,842 from holding Russia TR or generate 15.62% return on investment over 30 days.