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|
Jakarta Comp vs. Shanghai
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 0.65 times more return on investment than Shanghai. However, Jakarta Comp is 1.55 times less risky than Shanghai. It trades about -0.12 of its potential returns per unit of risk. Shanghai is currently generating about -0.11 per unit of risk. If you would invest 661,980 in Jakarta Comp on March 25, 2018 and sell it today you would lose (31,166) from holding Jakarta Comp or give up 4.71% of portfolio value over 30 days.