This module allows you to analyze existing cross correlation between OMXRGI and Jakarta Comp. You can compare the effects of market volatilities on OMXRGI 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 OMXRGI with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and Jakarta Comp.
|Time Horizon||30 Days Login to change|
OMXRGI vs. Jakarta Comp
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.34 times more return on investment than Jakarta Comp. However, OMXRGI is 1.34 times more volatile than Jakarta Comp. It trades about 0.04 of its potential returns per unit of risk. Jakarta Comp is currently generating about -0.11 per unit of risk. If you would invest 104,921 in OMXRGI on May 26, 2018 and sell it today you would earn a total of 1,038 from holding OMXRGI or generate 0.99% return on investment over 30 days.