This module allows you to analyze existing cross correlation between Shanghai and Madrid Gnrl. You can compare the effects of market volatilities on Shanghai and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Shanghai vs. Madrid Gnrl
Assuming 30 trading days horizon, Shanghai is expected to under-perform the Madrid Gnrl. In addition to that, Shanghai is 1.02 times more volatile than Madrid Gnrl. It trades about -0.27 of its total potential returns per unit of risk. Madrid Gnrl is currently generating about -0.01 per unit of volatility. If you would invest 99,511 in Madrid Gnrl on May 25, 2018 and sell it today you would lose (432.00) from holding Madrid Gnrl or give up 0.43% of portfolio value over 30 days.