This module allows you to analyze existing cross correlation between Greece TR and Jakarta Comp. You can compare the effects of market volatilities on Greece TR 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 Greece TR with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Greece TR vs. Jakarta Comp
Assuming 30 trading days horizon, Greece TR is expected to under-perform the Jakarta Comp. In addition to that, Greece TR is 2.14 times more volatile than Jakarta Comp. It trades about -0.02 of its total potential returns per unit of risk. Jakarta Comp is currently generating about 0.15 per unit of volatility. If you would invest 575,070 in Jakarta Comp on May 19, 2018 and sell it today you would earn a total of 24,293 from holding Jakarta Comp or generate 4.22% return on investment over 30 days.