This module allows you to analyze existing cross correlation between All Ords and Taiwan Wtd. You can compare the effects of market volatilities on All Ords 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 All Ords with a short position of Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
All Ords vs. Taiwan Wtd
Assuming 30 trading days horizon, All Ords is expected to generate 1.24 times less return on investment than Taiwan Wtd. But when comparing it to its historical volatility, All Ords is 1.7 times less risky than Taiwan Wtd. It trades about 0.07 of its potential returns per unit of risk. Taiwan Wtd is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 1,082,787 in Taiwan Wtd on May 20, 2018 and sell it today you would earn a total of 10,588 from holding Taiwan Wtd or generate 0.98% return on investment over 30 days.