This module allows you to analyze existing cross correlation between Madrid Gnrl and Jakarta Comp. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 2.0 times less return on investment than Jakarta Comp. In addition to that, Madrid Gnrl is 1.05 times more volatile than Jakarta Comp. It trades about 0.18 of its total potential returns per unit of risk. Jakarta Comp is currently generating about 0.37 per unit of volatility. If you would invest 613,396 in Jakarta Comp on December 18, 2017 and sell it today you would earn a total of 29,573 from holding Jakarta Comp or generate 4.82% return on investment over 30 days.