This module allows you to analyze existing cross correlation between Straits Tms and Bovespa. You can compare the effects of market volatilities on Straits Tms and Bovespa 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 Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and Bovespa.
|Time Horizon||30 Days Login to change|
Straits Tms vs. Bovespa
Given the investment horizon of 30 days, Straits Tms is expected to generate 0.48 times more return on investment than Bovespa. However, Straits Tms is 2.09 times less risky than Bovespa. It trades about -0.42 of its potential returns per unit of risk. Bovespa is currently generating about -0.23 per unit of risk. If you would invest 344,395 in Straits Tms on May 26, 2018 and sell it today you would lose (15,655) from holding Straits Tms or give up 4.55% of portfolio value over 30 days.