This module allows you to analyze existing cross correlation between NQFI and Jakarta Comp. You can compare the effects of market volatilities on NQFI 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 NQFI with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and Jakarta Comp.
|Time Horizon||30 Days Login to change|
NQFI vs. Jakarta Comp
Assuming 30 trading days horizon, NQFI is expected to generate 1.05 times more return on investment than Jakarta Comp. However, NQFI is 1.05 times more volatile than Jakarta Comp. It trades about -0.08 of its potential returns per unit of risk. Jakarta Comp is currently generating about -0.09 per unit of risk. If you would invest 161,329 in NQFI on May 26, 2018 and sell it today you would lose (3,058) from holding NQFI or give up 1.9% of portfolio value over 30 days.