This module allows you to analyze existing cross correlation between Stockholm and Jakarta Comp. You can compare the effects of market volatilities on Stockholm 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 Stockholm with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Stockholm vs. Jakarta Comp
Assuming 30 trading days horizon, Stockholm is expected to generate 0.01 times more return on investment than Jakarta Comp. However, Stockholm is 138.78 times less risky than Jakarta Comp. It trades about -0.19 of its potential returns per unit of risk. Jakarta Comp is currently generating about -0.71 per unit of risk. If you would invest 59,410 in Stockholm on May 21, 2018 and sell it today you would lose (1,705) from holding Stockholm or give up 2.87% of portfolio value over 30 days.