This module allows you to analyze existing cross correlation between Russell 2000 and Straits Tms. You can compare the effects of market volatilities on Russell 2000 and Straits Tms 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 Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of Russell 2000 and Straits Tms.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Russell 2000 is expected to under-perform the Straits Tms. In addition to that, Russell 2000 is 1.35 times more volatile than Straits Tms. It trades about -0.05 of its total potential returns per unit of risk. Straits Tms is currently generating about 0.01 per unit of volatility. If you would invest 348,846 in Straits Tms on February 22, 2018 and sell it today you would earn a total of 291.00 from holding Straits Tms or generate 0.08% return on investment over 30 days.