This module allows you to analyze existing cross correlation between Russell 2000 and Jakarta Comp. You can compare the effects of market volatilities on Russell 2000 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 Russell 2000 with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Russell 2000 and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Russell 2000 is expected to under-perform the Jakarta Comp. In addition to that, Russell 2000 is 1.54 times more volatile than Jakarta Comp. It trades about -0.13 of its total potential returns per unit of risk. Jakarta Comp is currently generating about 0.16 per unit of volatility. If you would invest 650,053 in Jakarta Comp on January 21, 2018 and sell it today you would earn a total of 18,876 from holding Jakarta Comp or generate 2.9% return on investment over 30 days.