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.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. Straits Tms
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 65.0 times less return on investment than Straits Tms. But when comparing it to its historical volatility, Madrid Gnrl is 1.25 times less risky than Straits Tms. It trades about 0.0 of its potential returns per unit of risk. Straits Tms is currently generating about 0.02 of returns per unit of risk over similar time horizon. If you would invest 347,653 in Straits Tms on March 20, 2018 and sell it today you would earn a total of 2,167 from holding Straits Tms or generate 0.62% return on investment over 30 days.