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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 0.82 times more return on investment than EURONEXT BEL-20. However, Jakarta Comp is 1.22 times less risky than EURONEXT BEL-20. It trades about 0.14 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.24 per unit of risk. If you would invest 650,053 in Jakarta Comp on January 22, 2018 and sell it today you would earn a total of 16,235 from holding Jakarta Comp or generate 2.5% return on investment over 30 days.