This module allows you to analyze existing cross correlation between All Ords and Jakarta Comp. You can compare the effects of market volatilities on All Ords and Jakarta Comp 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 All Ords with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and Jakarta Comp.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, All Ords is expected to generate 609.21 times less return on investment than Jakarta Comp. But when comparing it to its historical volatility, All Ords is 511.8 times less risky than Jakarta Comp. It trades about 0.18 of its potential returns per unit of risk. Jakarta Comp is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest 595,267 in Jakarta Comp on October 23, 2017 and sell it today you would earn a total of 5,436,595 from holding Jakarta Comp or generate 913.3% return on investment over 30 days.