This module allows you to analyze existing cross correlation between Shanghai and IBEX 35. You can compare the effects of market volatilities on Shanghai and IBEX 35 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 IBEX 35. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and IBEX 35.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 1.02 times more return on investment than IBEX 35. However, Shanghai is 1.02 times more volatile than IBEX 35. It trades about 0.02 of its potential returns per unit of risk. IBEX 35 is currently generating about -0.08 per unit of risk. If you would invest 326,856 in Shanghai on February 17, 2018 and sell it today you would earn a total of 1,069 from holding Shanghai or generate 0.33% return on investment over 30 days.