|Horizon||30 Days Login to change|
Madrid Gnrl vs. Shanghai
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the Shanghai. But the index apears to be less risky and, when comparing its historical volatility, Madrid Gnrl is 2.29 times less risky than Shanghai. The index trades about -0.44 of its potential returns per unit of risk. The Shanghai is currently generating about -0.18 of returns per unit of risk over similar time horizon. If you would invest 279,748 in Shanghai on September 23, 2018 and sell it today you would lose (20,265) from holding Shanghai or give up 7.24% of portfolio value over 30 days.
Pair Corralation between Madrid Gnrl and Shanghai