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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, CAC 40 is expected to under-perform the Straits Tms. But the index apears to be less risky and, when comparing its historical volatility, CAC 40 is 1.18 times less risky than Straits Tms. The index trades about -0.04 of its potential returns per unit of risk. The Straits Tms is currently generating about 0.06 of returns per unit of risk over similar time horizon. If you would invest 347,653 in Straits Tms on February 20, 2018 and sell it today you would earn a total of 3,678 from holding Straits Tms or generate 1.06% return on investment over 30 days.