This module allows you to analyze existing cross correlation between Stockholm and Taiwan Wtd. You can compare the effects of market volatilities on Stockholm 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 Stockholm with a short position of Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and Taiwan Wtd.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to under-perform the Taiwan Wtd. In addition to that, Stockholm is 1.68 times more volatile than Taiwan Wtd. It trades about -0.14 of its total potential returns per unit of risk. Taiwan Wtd is currently generating about -0.07 per unit of volatility. If you would invest 1,076,029 in Taiwan Wtd on October 19, 2017 and sell it today you would lose (5,865) from holding Taiwan Wtd or give up 0.55% of portfolio value over 30 days.