This module allows you to analyze existing cross correlation between SPTSX Comp and Straits Tms. You can compare the effects of market volatilities on SPTSX Comp 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 SPTSX Comp with a short position of Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and Straits Tms.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to under-perform the Straits Tms. But the index apears to be less risky and, when comparing its historical volatility, SPTSX Comp is 1.26 times less risky than Straits Tms. The index trades about -0.12 of its potential returns per unit of risk. The Straits Tms is currently generating about -0.03 of returns per unit of risk over similar time horizon. If you would invest 351,623 in Straits Tms on February 21, 2018 and sell it today you would lose (2,486) from holding Straits Tms or give up 0.71% of portfolio value over 30 days.