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|
Madrid Gnrl vs. Shanghai
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 0.67 times more return on investment than Shanghai. However, Madrid Gnrl is 1.49 times less risky than Shanghai. It trades about 0.02 of its potential returns per unit of risk. Shanghai is currently generating about -0.12 per unit of risk. If you would invest 99,839 in Madrid Gnrl on March 23, 2018 and sell it today you would earn a total of 605.00 from holding Madrid Gnrl or generate 0.61% return on investment over 30 days.