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This module allows you to analyze existing cross correlation between Bursa Malaysia and AEX Amsterdam. You can compare the effects of market volatilities on Bursa Malaysia and AEX Amsterdam 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 Bursa Malaysia with a short position of AEX Amsterdam. See also your portfolio center. Please also check ongoing floating volatility patterns of Bursa Malaysia and AEX Amsterdam.
|Horizon||30 Days Login to change|
Predicted Return Density
Bursa Malaysia vs. AEX Amsterdam
Assuming 30 trading days horizon, Bursa Malaysia is expected to under-perform the AEX Amsterdam. But the index apears to be less risky and, when comparing its historical volatility, Bursa Malaysia is 1.76 times less risky than AEX Amsterdam. The index trades about -0.12 of its potential returns per unit of risk. The AEX Amsterdam is currently generating about -0.03 of returns per unit of risk over similar time horizon. If you would invest 51,469 in AEX Amsterdam on November 14, 2018 and sell it today you would lose (743.00) from holding AEX Amsterdam or give up 1.44% of portfolio value over 30 days.
Pair Corralation between Bursa Malaysia and AEX Amsterdam
|Time Period||2 Months [change]|
Diversification Opportunities for Bursa Malaysia and AEX Amsterdam
Overlapping area represents the amount of risk that can be diversified away by holding Bursa Malaysia and AEX Amsterdam in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on AEX Amsterdam and Bursa Malaysia is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Bursa Malaysia are associated (or correlated) with AEX Amsterdam. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of AEX Amsterdam has no effect on the direction of Bursa Malaysia i.e. Bursa Malaysia and AEX Amsterdam go up and down completely randomly.