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 1.01 times more return on investment than Jakarta Comp. However, Madrid Gnrl is 1.01 times more volatile than Jakarta Comp. It trades about -0.08 of its potential returns per unit of risk. Jakarta Comp is currently generating about -0.38 per unit of risk. If you would invest 99,684 in Madrid Gnrl on February 19, 2018 and sell it today you would lose (1,332) from holding Madrid Gnrl or give up 1.34% of portfolio value over 30 days.