This module allows you to analyze existing cross correlation between Jakarta Comp and EURONEXT BEL-20. You can compare the effects of market volatilities on Jakarta Comp and EURONEXT BEL-20 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 EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and EURONEXT BEL-20.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 420.72 times more return on investment than EURONEXT BEL-20. However, Jakarta Comp is 420.72 times more volatile than EURONEXT BEL-20. It trades about 0.19 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.25 per unit of risk. If you would invest 599,585 in Jakarta Comp on October 26, 2017 and sell it today you would earn a total of 7,129 from holding Jakarta Comp or generate 1.19% return on investment over 30 days.