This module allows you to analyze existing cross correlation between Bursa Malaysia and Jakarta Comp. You can compare the effects of market volatilities on Bursa Malaysia and Jakarta Comp 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 Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Bursa Malaysia and Jakarta Comp.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bursa Malaysia is expected to under-perform the Jakarta Comp. But the index apears to be less risky and, when comparing its historical volatility, Bursa Malaysia is 650.04 times less risky than Jakarta Comp. The index trades about -0.2 of its potential returns per unit of risk. The Jakarta Comp is currently generating about 0.19 of returns per unit of risk over similar time horizon. If you would invest 602,543 in Jakarta Comp on October 25, 2017 and sell it today you would earn a total of 3,782 from holding Jakarta Comp or generate 0.63% return on investment over 30 days.