This module allows you to analyze existing cross correlation between CAC 40 and Straits Tms. You can compare the effects of market volatilities on CAC 40 and Straits Tms 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 CAC 40 with a short position of Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of CAC 40 and Straits Tms.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, CAC 40 is expected to under-perform the Straits Tms. In addition to that, CAC 40 is 1.17 times more volatile than Straits Tms. It trades about -0.07 of its total potential returns per unit of risk. Straits Tms is currently generating about 0.12 per unit of volatility. If you would invest 333,491 in Straits Tms on October 18, 2017 and sell it today you would earn a total of 3,379 from holding Straits Tms or generate 1.01% return on investment over 30 days.