This module allows you to analyze existing cross correlation between Straits Tms and DAX. You can compare the effects of market volatilities on Straits Tms and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and DAX.
|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 DAX. However, Straits Tms is 1.32 times less risky than DAX. It trades about -0.17 of its potential returns per unit of risk. DAX is currently generating about -0.32 per unit of risk. If you would invest 355,036 in Straits Tms on January 19, 2018 and sell it today you would lose (10,685) from holding Straits Tms or give up 3.01% of portfolio value over 30 days.