This module allows you to analyze existing cross correlation between Shanghai and DAX. You can compare the effects of market volatilities on Shanghai and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and DAX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to under-perform the DAX. In addition to that, Shanghai is 1.06 times more volatile than DAX. It trades about -0.47 of its total potential returns per unit of risk. DAX is currently generating about -0.31 per unit of volatility. If you would invest 1,346,369 in DAX on January 22, 2018 and sell it today you would lose (99,320) from holding DAX or give up 7.38% of portfolio value over 30 days.