This module allows you to analyze existing cross correlation between Madrid Gnrl and Straits Tms. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and Straits Tms.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the Straits Tms. In addition to that, Madrid Gnrl is 1.6 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 0.09 per unit of volatility. If you would invest 334,980 in Straits Tms on October 21, 2017 and sell it today you would earn a total of 3,258 from holding Straits Tms or generate 0.97% return on investment over 30 days.