This module allows you to analyze existing cross correlation between MerVal and Straits Tms. You can compare the effects of market volatilities on MerVal and Straits Tms 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 Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and Straits Tms.
|Time Horizon||30 Days Login to change|
MerVal vs. Straits Tms
Assuming 30 trading days horizon, MerVal is expected to generate 3.4 times more return on investment than Straits Tms. However, MerVal is 3.4 times more volatile than Straits Tms. It trades about 0.01 of its potential returns per unit of risk. Straits Tms is currently generating about -0.42 per unit of risk. If you would invest 3,099,135 in MerVal on May 22, 2018 and sell it today you would lose (14,893) from holding MerVal or give up 0.48% of portfolio value over 30 days.