This module allows you to analyze existing cross correlation between OSE All and Jakarta Comp. You can compare the effects of market volatilities on OSE All 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 OSE All with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of OSE All and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OSE All is expected to under-perform the Jakarta Comp. In addition to that, OSE All is 1.32 times more volatile than Jakarta Comp. It trades about -0.14 of its total potential returns per unit of risk. Jakarta Comp is currently generating about -0.02 per unit of volatility. If you would invest 661,549 in Jakarta Comp on January 24, 2018 and sell it today you would lose (2,243) from holding Jakarta Comp or give up 0.34% of portfolio value over 30 days.