This module allows you to analyze existing cross correlation between Jakarta Comp and DOW. You can compare the effects of market volatilities on Jakarta Comp and DOW 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 DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and DOW.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 381.26 times more return on investment than DOW. However, Jakarta Comp is 381.26 times more volatile than DOW. It trades about 0.19 of its potential returns per unit of risk. DOW is currently generating about 0.42 per unit of risk. If you would invest 602,146 in Jakarta Comp on November 13, 2017 and sell it today you would earn a total of 1,091 from holding Jakarta Comp or generate 0.18% return on investment over 30 days.