This module allows you to analyze existing cross correlation between Shanghai and MerVal. You can compare the effects of market volatilities on Shanghai and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and MerVal.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 6.449910515282364E15 times less return on investment than MerVal. But when comparing it to its historical volatility, Shanghai is 4.8517876276135075E14 times less risky than MerVal. It trades about 0.02 of its potential returns per unit of risk. MerVal is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest 2,697,898 in MerVal on October 20, 2017 and sell it today you would earn a total of 14,952 from holding MerVal or generate 0.55% return on investment over 30 days.