This module allows you to analyze existing cross correlation between Russia TR and Jakarta Comp. You can compare the effects of market volatilities on Russia 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 Russia TR with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Russia TR vs. Jakarta Comp
Assuming 30 trading days horizon, Russia TR is expected to generate 6.08 times less return on investment than Jakarta Comp. In addition to that, Russia TR is 2.22 times more volatile than Jakarta Comp. It trades about 0.05 of its total potential returns per unit of risk. Jakarta Comp is currently generating about 0.71 per unit of volatility. If you would invest 590,822 in Jakarta Comp on April 24, 2018 and sell it today you would earn a total of 3,832 from holding Jakarta Comp or generate 0.65% return on investment over 30 days.