This module allows you to analyze existing cross correlation between Jakarta Comp and NQEGT. You can compare the effects of market volatilities on Jakarta Comp and NQEGT 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 NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and NQEGT.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 0.54 times more return on investment than NQEGT. However, Jakarta Comp is 1.85 times less risky than NQEGT. It trades about 0.17 of its potential returns per unit of risk. NQEGT is currently generating about -0.02 per unit of risk. If you would invest 595,267 in Jakarta Comp on October 21, 2017 and sell it today you would earn a total of 9,906 from holding Jakarta Comp or generate 1.66% return on investment over 30 days.