This module allows you to analyze existing cross correlation between Shanghai and ATX. You can compare the effects of market volatilities on Shanghai and ATX 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 ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and ATX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to under-perform the ATX. In addition to that, Shanghai is 1.24 times more volatile than ATX. It trades about -0.13 of its total potential returns per unit of risk. ATX is currently generating about 0.03 per unit of volatility. If you would invest 341,726 in ATX on February 22, 2018 and sell it today you would earn a total of 2,042 from holding ATX or generate 0.6% return on investment over 30 days.