This module allows you to analyze existing cross correlation between Bovespa and Taiwan Wtd. You can compare the effects of market volatilities on Bovespa 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 Bovespa with a short position of Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to generate 1.68 times more return on investment than Taiwan Wtd. However, Bovespa is 1.68 times more volatile than Taiwan Wtd. It trades about 0.62 of its potential returns per unit of risk. Taiwan Wtd is currently generating about 0.51 per unit of risk. If you would invest 7,336,703 in Bovespa on December 20, 2017 and sell it today you would earn a total of 782,213 from holding Bovespa or generate 10.66% return on investment over 30 days.