This module allows you to analyze existing cross correlation between NYSE and Taiwan Wtd. You can compare the effects of market volatilities on NYSE and Taiwan Wtd 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 Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
NYSE vs. Taiwan Wtd
Given the investment horizon of 30 days, NYSE is expected to generate 16.14 times less return on investment than Taiwan Wtd. In addition to that, NYSE is 1.5 times more volatile than Taiwan Wtd. It trades about 0.0 of its total potential returns per unit of risk. Taiwan Wtd is currently generating about 0.03 per unit of volatility. If you would invest 1,071,444 in Taiwan Wtd on March 20, 2018 and sell it today you would earn a total of 9,601 from holding Taiwan Wtd or generate 0.9% return on investment over 30 days.