This module allows you to analyze existing cross correlation between Jakarta Comp and BSE. You can compare the effects of market volatilities on Jakarta Comp and BSE 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 BSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and BSE.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 1.7 times more return on investment than BSE. However, Jakarta Comp is 1.7 times more volatile than BSE. It trades about 0.37 of its potential returns per unit of risk. BSE is currently generating about 0.41 per unit of risk. If you would invest 613,396 in Jakarta Comp on December 18, 2017 and sell it today you would earn a total of 29,573 from holding Jakarta Comp or generate 4.82% return on investment over 30 days.