This module allows you to analyze existing cross correlation between Jakarta Comp and Stockholm. You can compare the effects of market volatilities on Jakarta Comp and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and Stockholm.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 337.22 times more return on investment than Stockholm. However, Jakarta Comp is 337.22 times more volatile than Stockholm. It trades about 0.19 of its potential returns per unit of risk. Stockholm is currently generating about -0.15 per unit of risk. If you would invest 602,543 in Jakarta Comp on October 25, 2017 and sell it today you would earn a total of 3,782 from holding Jakarta Comp or generate 0.63% return on investment over 30 days.