This module allows you to analyze existing cross correlation between Madrid Gnrl and Shanghai. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and Shanghai.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 1.75 times less return on investment than Shanghai. In addition to that, Madrid Gnrl is 1.28 times more volatile than Shanghai. It trades about 0.3 of its total potential returns per unit of risk. Shanghai is currently generating about 0.66 per unit of volatility. If you would invest 328,046 in Shanghai on December 24, 2017 and sell it today you would earn a total of 22,090 from holding Shanghai or generate 6.73% return on investment over 30 days.