This module allows you to analyze existing cross correlation between XU100 and Shanghai. You can compare the effects of market volatilities on XU100 and Shanghai 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 Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of XU100 and Shanghai.
|Time Horizon||30 Days Login to change|
XU100 vs. Shanghai
Assuming 30 trading days horizon, XU100 is expected to under-perform the Shanghai. In addition to that, XU100 is 2.12 times more volatile than Shanghai. It trades about -0.11 of its total potential returns per unit of risk. Shanghai is currently generating about 0.0 per unit of volatility. If you would invest 288,393 in Shanghai on May 23, 2018 and sell it today you would earn a total of 582.84 from holding Shanghai or generate 0.2% return on investment over 30 days.