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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 11.05 times less return on investment than SPTSX Comp. In addition to that, Shanghai is 1.42 times more volatile than SPTSX Comp. It trades about 0.01 of its total potential returns per unit of risk. SPTSX Comp is currently generating about 0.15 per unit of volatility. If you would invest 1,585,576 in SPTSX Comp on October 21, 2017 and sell it today you would earn a total of 14,281 from holding SPTSX Comp or generate 0.9% return on investment over 30 days.