This module allows you to analyze existing cross correlation between MerVal and Jakarta Comp. You can compare the effects of market volatilities on MerVal 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 MerVal with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to generate 2.38 times more return on investment than Jakarta Comp. However, MerVal is 2.38 times more volatile than Jakarta Comp. It trades about 0.56 of its potential returns per unit of risk. Jakarta Comp is currently generating about 0.41 per unit of risk. If you would invest 2,893,154 in MerVal on December 22, 2017 and sell it today you would earn a total of 466,016 from holding MerVal or generate 16.11% return on investment over 30 days.