This module allows you to analyze existing cross correlation between ATX and Taiwan Wtd. You can compare the effects of market volatilities on ATX 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 ATX with a short position of Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate 0.91 times more return on investment than Taiwan Wtd. However, ATX is 1.09 times less risky than Taiwan Wtd. It trades about -0.23 of its potential returns per unit of risk. Taiwan Wtd is currently generating about -0.26 per unit of risk. If you would invest 364,300 in ATX on January 19, 2018 and sell it today you would lose (23,501) from holding ATX or give up 6.45% of portfolio value over 30 days.