This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and Jakarta Comp. You can compare the effects of market volatilities on EURONEXT BEL-20 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 EURONEXT BEL-20 with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the Jakarta Comp. In addition to that, EURONEXT BEL-20 is 1.22 times more volatile than Jakarta Comp. It trades about -0.24 of its total potential returns per unit of risk. Jakarta Comp is currently generating about 0.14 per unit of volatility. If you would invest 650,053 in Jakarta Comp on January 22, 2018 and sell it today you would earn a total of 16,235 from holding Jakarta Comp or generate 2.5% return on investment over 30 days.