This module allows you to analyze existing cross correlation between Jakarta Comp and NYSE. You can compare the effects of market volatilities on Jakarta Comp and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and NYSE.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 630.39 times more return on investment than NYSE. However, Jakarta Comp is 630.39 times more volatile than NYSE. It trades about 0.21 of its potential returns per unit of risk. NYSE is currently generating about 0.0 per unit of risk. If you would invest 595,267 in Jakarta Comp on October 23, 2017 and sell it today you would earn a total of 5,436,595 from holding Jakarta Comp or generate 913.3% return on investment over 30 days.