This module allows you to analyze existing cross correlation between Shanghai and All Ords. You can compare the effects of market volatilities on Shanghai and All Ords 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 Shanghai with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and All Ords.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to under-perform the All Ords. In addition to that, Shanghai is 1.82 times more volatile than All Ords. It trades about -0.13 of its total potential returns per unit of risk. All Ords is currently generating about -0.02 per unit of volatility. If you would invest 606,390 in All Ords on February 22, 2018 and sell it today you would lose (2,070) from holding All Ords or give up 0.34% of portfolio value over 30 days.