This module allows you to analyze existing cross correlation between NZSE and Shanghai. You can compare the effects of market volatilities on NZSE 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 NZSE with a short position of Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and Shanghai.
|Time Horizon||30 Days Login to change|
NZSE vs. Shanghai
Assuming 30 trading days horizon, NZSE is expected to generate 0.61 times more return on investment than Shanghai. However, NZSE is 1.65 times less risky than Shanghai. It trades about 0.35 of its potential returns per unit of risk. Shanghai is currently generating about 0.0 per unit of risk. If you would invest 855,323 in NZSE on May 23, 2018 and sell it today you would earn a total of 44,614 from holding NZSE or generate 5.22% return on investment over 30 days.