This module allows you to analyze existing cross correlation between DAX and Taiwan Wtd. You can compare the effects of market volatilities on DAX 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 DAX with a short position of Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of DAX and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
DAX vs. Taiwan Wtd
Assuming 30 trading days horizon, DAX is expected to generate 1.21 times more return on investment than Taiwan Wtd. However, DAX is 1.21 times more volatile than Taiwan Wtd. It trades about 0.01 of its potential returns per unit of risk. Taiwan Wtd is currently generating about -0.01 per unit of risk. If you would invest 1,246,191 in DAX on March 24, 2018 and sell it today you would earn a total of 5,167 from holding DAX or generate 0.41% return on investment over 30 days.