This module allows you to analyze existing cross correlation between Straits Tms and ATX. You can compare the effects of market volatilities on Straits Tms and ATX 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 Straits Tms with a short position of ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and ATX.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Straits Tms is expected to generate 0.76 times more return on investment than ATX. However, Straits Tms is 1.31 times less risky than ATX. It trades about -0.05 of its potential returns per unit of risk. ATX is currently generating about -0.26 per unit of risk. If you would invest 356,714 in Straits Tms on January 26, 2018 and sell it today you would lose (3,392) from holding Straits Tms or give up 0.95% of portfolio value over 30 days.