This module allows you to analyze existing cross correlation between Jakarta Comp and NQPH. You can compare the effects of market volatilities on Jakarta Comp and NQPH 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 NQPH. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and NQPH.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 0.72 times more return on investment than NQPH. However, Jakarta Comp is 1.38 times less risky than NQPH. It trades about -0.26 of its potential returns per unit of risk. NQPH is currently generating about -0.23 per unit of risk. If you would invest 664,340 in Jakarta Comp on February 21, 2018 and sell it today you would lose (33,057) from holding Jakarta Comp or give up 4.98% of portfolio value over 30 days.