This module allows you to analyze existing cross correlation between Jakarta Comp and Shanghai. You can compare the effects of market volatilities on Jakarta Comp and Shanghai 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 Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and Shanghai.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 1.2 times less return on investment than Shanghai. In addition to that, Jakarta Comp is 1.08 times more volatile than Shanghai. It trades about 0.41 of its total potential returns per unit of risk. Shanghai is currently generating about 0.53 per unit of volatility. If you would invest 329,706 in Shanghai on December 22, 2017 and sell it today you would earn a total of 19,080 from holding Shanghai or generate 5.79% return on investment over 30 days.