This module allows you to analyze existing cross correlation between XU100 and Hang Seng. You can compare the effects of market volatilities on XU100 and Hang Seng 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 XU100 with a short position of Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of XU100 and Hang Seng.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, XU100 is expected to under-perform the Hang Seng. In addition to that, XU100 is 2.04 times more volatile than Hang Seng. It trades about -0.09 of its total potential returns per unit of risk. Hang Seng is currently generating about 0.38 per unit of volatility. If you would invest 2,830,289 in Hang Seng on October 25, 2017 and sell it today you would earn a total of 170,060 from holding Hang Seng or generate 6.01% return on investment over 30 days.