This module allows you to analyze existing cross correlation between Jakarta Comp and All Ords. You can compare the effects of market volatilities on Jakarta Comp and All Ords 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 Jakarta Comp with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and All Ords.
|Time Horizon||30 Days Login to change|
Jakarta Comp vs. All Ords
Assuming 30 trading days horizon, Jakarta Comp is expected to under-perform the All Ords. In addition to that, Jakarta Comp is 165.91 times more volatile than All Ords. It trades about -0.71 of its total potential returns per unit of risk. All Ords is currently generating about 0.09 per unit of volatility. If you would invest 619,020 in All Ords on May 21, 2018 and sell it today you would earn a total of 6,640 from holding All Ords or generate 1.07% return on investment over 30 days.