This module allows you to analyze existing cross correlation between Jakarta Comp and Taiwan Wtd. You can compare the effects of market volatilities on Jakarta Comp and Taiwan Wtd 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 Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 0.42 times more return on investment than Taiwan Wtd. However, Jakarta Comp is 2.37 times less risky than Taiwan Wtd. It trades about -0.03 of its potential returns per unit of risk. Taiwan Wtd is currently generating about -0.11 per unit of risk. If you would invest 666,062 in Jakarta Comp on January 26, 2018 and sell it today you would lose (4,082) from holding Jakarta Comp or give up 0.61% of portfolio value over 30 days.