This module allows you to analyze existing cross correlation between Jakarta Comp and ATX. You can compare the effects of market volatilities on Jakarta Comp and ATX 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 ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and ATX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 1.81 times less return on investment than ATX. But when comparing it to its historical volatility, Jakarta Comp is 1.08 times less risky than ATX. It trades about 0.35 of its potential returns per unit of risk. ATX is currently generating about 0.59 of returns per unit of risk over similar time horizon. If you would invest 342,869 in ATX on December 23, 2017 and sell it today you would earn a total of 21,431 from holding ATX or generate 6.25% return on investment over 30 days.