This module allows you to analyze existing cross correlation between NIKKEI 225 and Bursa Malaysia. You can compare the effects of market volatilities on NIKKEI 225 and Bursa Malaysia 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 NIKKEI 225 with a short position of Bursa Malaysia. See also your portfolio center. Please also check ongoing floating volatility patterns of NIKKEI 225 and Bursa Malaysia.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NIKKEI 225 is expected to generate 2.46 times more return on investment than Bursa Malaysia. However, NIKKEI 225 is 2.46 times more volatile than Bursa Malaysia. It trades about 0.0 of its potential returns per unit of risk. Bursa Malaysia is currently generating about -0.06 per unit of risk. If you would invest 2,172,025 in NIKKEI 225 on February 16, 2018 and sell it today you would lose (4,374) from holding NIKKEI 225 or give up 0.2% of portfolio value over 30 days.