This module allows you to analyze existing cross correlation between NYSE and Jakarta Comp. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 0.76 times more return on investment than Jakarta Comp. However, NYSE is 1.32 times less risky than Jakarta Comp. It trades about 0.68 of its potential returns per unit of risk. Jakarta Comp is currently generating about 0.36 per unit of risk. If you would invest 1,280,890 in NYSE on December 24, 2017 and sell it today you would earn a total of 66,148 from holding NYSE or generate 5.16% return on investment over 30 days.