This module allows you to analyze existing cross correlation between Shanghai and SPTSX Comp. You can compare the effects of market volatilities on Shanghai and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and SPTSX Comp.
|Time Horizon||30 Days Login to change|
Shanghai vs. SPTSX Comp
Assuming 30 trading days horizon, Shanghai is expected to under-perform the SPTSX Comp. In addition to that, Shanghai is 1.64 times more volatile than SPTSX Comp. It trades about -0.1 of its total potential returns per unit of risk. SPTSX Comp is currently generating about -0.03 per unit of volatility. If you would invest 1,571,466 in SPTSX Comp on March 27, 2018 and sell it today you would lose (20,491) from holding SPTSX Comp or give up 1.3% of portfolio value over 30 days.