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|
Straits Tms vs. DAX
Given the investment horizon of 30 days, Straits Tms is expected to under-perform the DAX. But the index apears to be less risky and, when comparing its historical volatility, Straits Tms is 1.0 times less risky than DAX. The index trades about -0.48 of its potential returns per unit of risk. The DAX is currently generating about -0.12 of returns per unit of risk over similar time horizon. If you would invest 1,304,083 in DAX on May 21, 2018 and sell it today you would lose (36,286) from holding DAX or give up 2.78% of portfolio value over 30 days.