This module allows you to analyze existing cross correlation between Jakarta Comp and OMXRGI. You can compare the effects of market volatilities on Jakarta Comp and OMXRGI 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 OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and OMXRGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 496.1 times more return on investment than OMXRGI. However, Jakarta Comp is 496.1 times more volatile than OMXRGI. It trades about 0.19 of its potential returns per unit of risk. OMXRGI is currently generating about 0.34 per unit of risk. If you would invest 599,585 in Jakarta Comp on October 26, 2017 and sell it today you would earn a total of 7,129 from holding Jakarta Comp or generate 1.19% return on investment over 30 days.