This module allows you to analyze existing cross correlation between Jakarta Comp and NZSE. You can compare the effects of market volatilities on Jakarta Comp and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and NZSE.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 486.58 times more return on investment than NZSE. However, Jakarta Comp is 486.58 times more volatile than NZSE. It trades about 0.19 of its potential returns per unit of risk. NZSE is currently generating about -0.03 per unit of risk. If you would invest 595,208 in Jakarta Comp on October 24, 2017 and sell it today you would earn a total of 11,771 from holding Jakarta Comp or generate 1.98% return on investment over 30 days.