This module allows you to analyze existing cross correlation between Shanghai and Stockholm. You can compare the effects of market volatilities on Shanghai and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and Stockholm.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to under-perform the Stockholm. In addition to that, Shanghai is 1.06 times more volatile than Stockholm. It trades about -0.47 of its total potential returns per unit of risk. Stockholm is currently generating about -0.14 per unit of volatility. If you would invest 59,226 in Stockholm on January 22, 2018 and sell it today you would lose (2,063) from holding Stockholm or give up 3.48% of portfolio value over 30 days.