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|
MerVal vs. Jakarta Comp
Assuming 30 trading days horizon, MerVal is expected to under-perform the Jakarta Comp. In addition to that, MerVal is 1.41 times more volatile than Jakarta Comp. It trades about -0.17 of its total potential returns per unit of risk. Jakarta Comp is currently generating about -0.18 per unit of volatility. If you would invest 655,467 in Jakarta Comp on March 27, 2018 and sell it today you would lose (47,482) from holding Jakarta Comp or give up 7.24% of portfolio value over 30 days.