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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, All Ords is expected to under-perform the Jakarta Comp. In addition to that, All Ords is 1.28 times more volatile than Jakarta Comp. It trades about -0.08 of its total potential returns per unit of risk. Jakarta Comp is currently generating about 0.01 per unit of volatility. If you would invest 663,533 in Jakarta Comp on January 23, 2018 and sell it today you would earn a total of 807.00 from holding Jakarta Comp or generate 0.12% return on investment over 30 days.