This module allows you to analyze existing cross correlation between Shanghai and NQTH. You can compare the effects of market volatilities on Shanghai and NQTH 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 NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and NQTH.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 0.8 times more return on investment than NQTH. However, Shanghai is 1.25 times less risky than NQTH. It trades about 0.66 of its potential returns per unit of risk. NQTH is currently generating about 0.44 per unit of risk. If you would invest 328,046 in Shanghai on December 24, 2017 and sell it today you would earn a total of 22,090 from holding Shanghai or generate 6.73% return on investment over 30 days.