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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to generate 2.69 times less return on investment than Taiwan Wtd. In addition to that, Stockholm is 1.0 times more volatile than Taiwan Wtd. It trades about 0.15 of its total potential returns per unit of risk. Taiwan Wtd is currently generating about 0.41 per unit of volatility. If you would invest 1,050,652 in Taiwan Wtd on December 18, 2017 and sell it today you would earn a total of 47,959 from holding Taiwan Wtd or generate 4.56% return on investment over 30 days.