This module allows you to analyze existing cross correlation between Shanghai and Taiwan Wtd. You can compare the effects of market volatilities on Shanghai and Taiwan Wtd 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 Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and Taiwan Wtd.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 1.06 times more return on investment than Taiwan Wtd. However, Shanghai is 1.06 times more volatile than Taiwan Wtd. It trades about 0.15 of its potential returns per unit of risk. Taiwan Wtd is currently generating about 0.05 per unit of risk. If you would invest 338,070 in Shanghai on October 23, 2017 and sell it today you would earn a total of 4,800 from holding Shanghai or generate 1.42% return on investment over 30 days.