This module allows you to analyze existing cross correlation between NYSE and Shanghai. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and Shanghai.
|Time Horizon||30 Days Login to change|
NYSE vs. Shanghai
Given the investment horizon of 30 days, NYSE is expected to generate 1.03 times more return on investment than Shanghai. However, NYSE is 1.03 times more volatile than Shanghai. It trades about -0.02 of its potential returns per unit of risk. Shanghai is currently generating about -0.1 per unit of risk. If you would invest 1,276,334 in NYSE on March 22, 2018 and sell it today you would lose (15,618) from holding NYSE or give up 1.22% of portfolio value over 30 days.