This module allows you to analyze existing cross correlation between Stockholm and Hang Seng. You can compare the effects of market volatilities on Stockholm 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 Stockholm with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and Hang Seng.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to generate 3.37 times less return on investment than Hang Seng. But when comparing it to its historical volatility, Stockholm is 1.32 times less risky than Hang Seng. It trades about 0.31 of its potential returns per unit of risk. Hang Seng is currently generating about 0.79 of returns per unit of risk over similar time horizon. If you would invest 2,957,801 in Hang Seng on December 22, 2017 and sell it today you would earn a total of 267,688 from holding Hang Seng or generate 9.05% return on investment over 30 days.