This module allows you to analyze existing cross correlation between Bursa Malaysia and NIKKEI 225. You can compare the effects of market volatilities on Bursa Malaysia and NIKKEI 225 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 NIKKEI 225. See also your portfolio center. Please also check ongoing floating volatility patterns of Bursa Malaysia and NIKKEI 225.
|Time Horizon||30 Days Login to change|
Bursa Malaysia vs. NIKKEI 225
Assuming 30 trading days horizon, Bursa Malaysia is expected to under-perform the NIKKEI 225. In addition to that, Bursa Malaysia is 1.73 times more volatile than NIKKEI 225. It trades about -0.25 of its total potential returns per unit of risk. NIKKEI 225 is currently generating about -0.03 per unit of volatility. If you would invest 2,268,974 in NIKKEI 225 on May 23, 2018 and sell it today you would lose (18,929) from holding NIKKEI 225 or give up 0.83% of portfolio value over 30 days.