This module allows you to analyze existing cross correlation between Madrid Gnrl and Hang Seng. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and Hang Seng.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. Hang Seng
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 1.93 times less return on investment than Hang Seng. But when comparing it to its historical volatility, Madrid Gnrl is 1.68 times less risky than Hang Seng. It trades about 0.13 of its potential returns per unit of risk. Hang Seng is currently generating about 0.15 of returns per unit of risk over similar time horizon. If you would invest 3,012,822 in Hang Seng on April 21, 2018 and sell it today you would earn a total of 110,613 from holding Hang Seng or generate 3.67% return on investment over 30 days.