Correlation Analysis Between Bursa Malaysia and Stockholm

This module allows you to analyze existing cross correlation between Bursa Malaysia and Stockholm. You can compare the effects of market volatilities on Bursa Malaysia and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of Bursa Malaysia and Stockholm.
Horizon     30 Days    Login   to change
Symbolsvs

Bursa Malaysia  vs.  Stockholm

 Performance (%) 
      Timeline 

Pair Volatility

If you would invest  55,980  in Stockholm on September 21, 2018 and sell it today you would earn a total of  616.00  from holding Stockholm or generate 1.1% return on investment over 30 days.

Pair Corralation between Bursa Malaysia and Stockholm

0.0
Time Period1 Month [change]
DirectionFlat 
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns

Diversification

Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding Bursa Malaysia and Stockholm in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Stockholm 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 Stockholm. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Stockholm has no effect on the direction of Bursa Malaysia i.e. Bursa Malaysia and Stockholm go up and down completely randomly.
    Optimize

Comparative Volatility

My Equities

My Current Equities and Potential Positions

View AllNext
GOOG - USA Stock
Alphabet
Specialization
IT, Search Cloud And Integrated IT Services
Business Address1600 Amphitheatre Parkway
ExchangeNASDAQ
$0.0
Alphabet cannot be verified against its exchange. It appears that Alphabet is not available for investing at this time. Please verify the symbol is currently traded on NASDAQ. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

Try Other Suggestions

GTVJXGoldman Sachs Target Date 2030Fund
GTVMXGoldman Sachs Target Date 2040Fund
GTVOXGoldman Sachs Target Date 2035Fund
GTVSXGoldman Sachs Target Date 2050Fund
FPPXXGovernment Obligations Fund ClFund
ELKMFGold Road Resources LimitedStock
GCGAXGoldman Sachs Concentrated GroFund

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
See also your portfolio center. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.


 
Search macroaxis.com