This module allows you to analyze existing cross correlation between Shanghai and NQFI. You can compare the effects of market volatilities on Shanghai and NQFI 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 NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and NQFI.
|Time Horizon||30 Days Login to change|
Shanghai vs. NQFI
Assuming 30 trading days horizon, Shanghai is expected to generate 1.04 times more return on investment than NQFI. However, Shanghai is 1.04 times more volatile than NQFI. It trades about 0.0 of its potential returns per unit of risk. NQFI is currently generating about -0.13 per unit of risk. If you would invest 288,393 in Shanghai on May 23, 2018 and sell it today you would earn a total of 582.84 from holding Shanghai or generate 0.2% return on investment over 30 days.