This module allows you to analyze existing cross correlation between NZSE and Jakarta Comp. You can compare the effects of market volatilities on NZSE 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 NZSE with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and Jakarta Comp.
|Time Horizon||30 Days Login to change|
NZSE vs. Jakarta Comp
Assuming 30 trading days horizon, NZSE is expected to generate 0.72 times more return on investment than Jakarta Comp. However, NZSE is 1.38 times less risky than Jakarta Comp. It trades about -0.02 of its potential returns per unit of risk. Jakarta Comp is currently generating about -0.18 per unit of risk. If you would invest 834,053 in NZSE on March 27, 2018 and sell it today you would lose (6,687) from holding NZSE or give up 0.8% of portfolio value over 30 days.