This module allows you to analyze existing cross correlation between NYSE and Hang Seng. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and Hang Seng.
|Time Horizon||30 Days Login to change|
NYSE vs. Hang Seng
Given the investment horizon of 30 days, NYSE is expected to generate 0.48 times more return on investment than Hang Seng. However, NYSE is 2.09 times less risky than Hang Seng. It trades about -0.09 of its potential returns per unit of risk. Hang Seng is currently generating about -0.14 per unit of risk. If you would invest 1,274,340 in NYSE on May 23, 2018 and sell it today you would lose (18,317) from holding NYSE or give up 1.44% of portfolio value over 30 days.