This module allows you to analyze existing cross correlation between Jakarta Comp and Madrid Gnrl. You can compare the effects of market volatilities on Jakarta Comp and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Jakarta Comp vs. Madrid Gnrl
Assuming 30 trading days horizon, Jakarta Comp is expected to under-perform the Madrid Gnrl. But the index apears to be less risky and, when comparing its historical volatility, Jakarta Comp is 1.01 times less risky than Madrid Gnrl. The index trades about -0.13 of its potential returns per unit of risk. The Madrid Gnrl is currently generating about 0.02 of returns per unit of risk over similar time horizon. If you would invest 99,839 in Madrid Gnrl on March 23, 2018 and sell it today you would earn a total of 605.00 from holding Madrid Gnrl or generate 0.61% return on investment over 30 days.