This module allows you to analyze existing cross correlation between Jakarta Comp and NQFI. You can compare the effects of market volatilities on Jakarta Comp and NQFI 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 NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and NQFI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 17.5 times less return on investment than NQFI. But when comparing it to its historical volatility, Jakarta Comp is 2.13 times less risky than NQFI. It trades about 0.01 of its potential returns per unit of risk. NQFI is currently generating about 0.06 of returns per unit of risk over similar time horizon. If you would invest 163,316 in NQFI on January 25, 2018 and sell it today you would earn a total of 2,949 from holding NQFI or generate 1.81% return on investment over 30 days.