This module allows you to analyze existing cross correlation between NZSE and Bursa Malaysia. You can compare the effects of market volatilities on NZSE and Bursa Malaysia 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 Bursa Malaysia. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and Bursa Malaysia.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NZSE is expected to generate 1.16 times more return on investment than Bursa Malaysia. However, NZSE is 1.16 times more volatile than Bursa Malaysia. It trades about 0.36 of its potential returns per unit of risk. Bursa Malaysia is currently generating about -0.05 per unit of risk. If you would invest 811,520 in NZSE on February 19, 2018 and sell it today you would earn a total of 37,692 from holding NZSE or generate 4.64% return on investment over 30 days.