This module allows you to analyze existing cross correlation between Jakarta Comp and NQTH. You can compare the effects of market volatilities on Jakarta Comp and NQTH 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 NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and NQTH.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 1.02 times more return on investment than NQTH. However, Jakarta Comp is 1.02 times more volatile than NQTH. It trades about 0.01 of its potential returns per unit of risk. NQTH is currently generating about -0.06 per unit of risk. If you would invest 663,533 in Jakarta Comp on January 23, 2018 and sell it today you would earn a total of 807.00 from holding Jakarta Comp or generate 0.12% return on investment over 30 days.