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|
Stockholm vs. Hang Seng
Assuming 30 trading days horizon, Stockholm is expected to generate 0.73 times more return on investment than Hang Seng. However, Stockholm is 1.37 times less risky than Hang Seng. It trades about 0.04 of its potential returns per unit of risk. Hang Seng is currently generating about -0.05 per unit of risk. If you would invest 57,245 in Stockholm on March 25, 2018 and sell it today you would earn a total of 834.74 from holding Stockholm or generate 1.46% return on investment over 30 days.