This module allows you to analyze existing cross correlation between Jakarta Comp and Russia TR. You can compare the effects of market volatilities on Jakarta Comp and Russia TR 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 Russia TR. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and Russia TR.
|Time Horizon||30 Days Login to change|
Jakarta Comp vs. Russia TR
Assuming 30 trading days horizon, Jakarta Comp is expected to under-perform the Russia TR. But the index apears to be less risky and, when comparing its historical volatility, Jakarta Comp is 4.03 times less risky than Russia TR. The index trades about -0.71 of its potential returns per unit of risk. The Russia TR is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 108,759 in Russia TR on April 21, 2018 and sell it today you would earn a total of 3,371 from holding Russia TR or generate 3.1% return on investment over 30 days.