This module allows you to analyze existing cross correlation between OSE All and Shanghai. You can compare the effects of market volatilities on OSE All 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 OSE All with a short position of Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of OSE All and Shanghai.
|Time Horizon||30 Days Login to change|
OSE All vs. Shanghai
Assuming 30 trading days horizon, OSE All is expected to under-perform the Shanghai. But the index apears to be less risky and, when comparing its historical volatility, OSE All is 1.15 times less risky than Shanghai. The index trades about -0.02 of its potential returns per unit of risk. The Shanghai is currently generating about 0.0 of returns per unit of risk over similar time horizon. If you would invest 288,393 in Shanghai on May 23, 2018 and sell it today you would earn a total of 582.84 from holding Shanghai or generate 0.2% return on investment over 30 days.