This module allows you to analyze existing cross correlation between Jakarta Comp and Bursa Malaysia. You can compare the effects of market volatilities on Jakarta Comp and Bursa Malaysia 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 Bursa Malaysia. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and Bursa Malaysia.
|Time Horizon||30 Days Login to change|
Jakarta Comp vs. Bursa Malaysia
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 0.68 times more return on investment than Bursa Malaysia. However, Jakarta Comp is 1.47 times less risky than Bursa Malaysia. It trades about 0.15 of its potential returns per unit of risk. Bursa Malaysia is currently generating about -0.2 per unit of risk. If you would invest 575,070 in Jakarta Comp on May 19, 2018 and sell it today you would earn a total of 24,293 from holding Jakarta Comp or generate 4.22% return on investment over 30 days.