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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 0.6 times more return on investment than DAX. However, Shanghai is 1.66 times less risky than DAX. It trades about 0.15 of its potential returns per unit of risk. DAX is currently generating about 0.08 per unit of risk. If you would invest 338,070 in Shanghai on October 23, 2017 and sell it today you would earn a total of 4,800 from holding Shanghai or generate 1.42% return on investment over 30 days.