|Horizon||30 Days Login to change|
Shanghai vs. ATX
Assuming 30 trading days horizon, Shanghai is expected to under-perform the ATX. In addition to that, Shanghai is 1.53 times more volatile than ATX. It trades about -0.1 of its total potential returns per unit of risk. ATX is currently generating about -0.06 per unit of volatility. If you would invest 332,908 in ATX on September 17, 2018 and sell it today you would lose (5,505) from holding ATX or give up 1.65% of portfolio value over 30 days.
Pair Corralation between Shanghai and ATX