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|
Jakarta Comp vs. Taiwan Wtd
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 844.83 times more return on investment than Taiwan Wtd. However, Jakarta Comp is 844.83 times more volatile than Taiwan Wtd. It trades about 0.49 of its potential returns per unit of risk. Taiwan Wtd is currently generating about -0.01 per unit of risk. If you would invest 586,046 in Jakarta Comp on May 21, 2018 and sell it today you would earn a total of 2,358 from holding Jakarta Comp or generate 0.4% return on investment over 30 days.