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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to under-perform the Taiwan Wtd. In addition to that, ATX is 1.34 times more volatile than Taiwan Wtd. It trades about -0.22 of its total potential returns per unit of risk. Taiwan Wtd is currently generating about 0.12 per unit of volatility. If you would invest 1,073,476 in Taiwan Wtd on October 26, 2017 and sell it today you would earn a total of 11,933 from holding Taiwan Wtd or generate 1.11% return on investment over 30 days.