This module allows you to analyze existing cross correlation between NZSE and Taiwan Wtd. You can compare the effects of market volatilities on NZSE 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 NZSE with a short position of Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and Taiwan Wtd.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NZSE is expected to generate 1.2 times more return on investment than Taiwan Wtd. However, NZSE is 1.2 times more volatile than Taiwan Wtd. It trades about -0.07 of its potential returns per unit of risk. Taiwan Wtd is currently generating about -0.09 per unit of risk. If you would invest 813,010 in NZSE on October 22, 2017 and sell it today you would lose (4,961) from holding NZSE or give up 0.61% of portfolio value over 30 days.