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|
OSE All vs. Jakarta Comp
Assuming 30 trading days horizon, OSE All is expected to under-perform the Jakarta Comp. But the index apears to be less risky and, when comparing its historical volatility, OSE All is 880.79 times less risky than Jakarta Comp. The index trades about -0.1 of its potential returns per unit of risk. The Jakarta Comp is currently generating about 0.49 of returns per unit of risk over similar time horizon. If you would invest 589,720 in Jakarta Comp on May 22, 2018 and sell it today you would lose (7,487) from holding Jakarta Comp or give up 1.27% of portfolio value over 30 days.