This module allows you to analyze existing cross correlation between Stockholm and Straits Tms. You can compare the effects of market volatilities on Stockholm and Straits Tms 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 Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and Straits Tms.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to under-perform the Straits Tms. But the index apears to be less risky and, when comparing its historical volatility, Stockholm is 1.15 times less risky than Straits Tms. The index trades about -0.2 of its potential returns per unit of risk. The Straits Tms is currently generating about 0.19 of returns per unit of risk over similar time horizon. If you would invest 335,625 in Straits Tms on October 26, 2017 and sell it today you would earn a total of 7,377 from holding Straits Tms or generate 2.2% return on investment over 30 days.