This module allows you to analyze existing cross correlation between SPTSX Comp and Taiwan Wtd. You can compare the effects of market volatilities on SPTSX Comp 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 SPTSX Comp with a short position of Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
SPTSX Comp vs. Taiwan Wtd
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.48 times more return on investment than Taiwan Wtd. However, SPTSX Comp is 2.08 times less risky than Taiwan Wtd. It trades about 0.54 of its potential returns per unit of risk. Taiwan Wtd is currently generating about 0.2 per unit of risk. If you would invest 1,548,432 in SPTSX Comp on April 21, 2018 and sell it today you would earn a total of 67,798 from holding SPTSX Comp or generate 4.38% return on investment over 30 days.