This module allows you to analyze existing cross correlation between Jakarta Comp and XU100. You can compare the effects of market volatilities on Jakarta Comp and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and XU100.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 0.6 times more return on investment than XU100. However, Jakarta Comp is 1.67 times less risky than XU100. It trades about 0.37 of its potential returns per unit of risk. XU100 is currently generating about 0.16 per unit of risk. If you would invest 613,396 in Jakarta Comp on December 18, 2017 and sell it today you would earn a total of 29,573 from holding Jakarta Comp or generate 4.82% return on investment over 30 days.