This module allows you to analyze existing cross correlation between Straits Tms and SPTSX Comp. You can compare the effects of market volatilities on Straits Tms and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and SPTSX Comp.
|Time Horizon||30 Days Login to change|
Straits Tms vs. SPTSX Comp
Given the investment horizon of 30 days, Straits Tms is expected to under-perform the SPTSX Comp. In addition to that, Straits Tms is 1.87 times more volatile than SPTSX Comp. It trades about -0.42 of its total potential returns per unit of risk. SPTSX Comp is currently generating about 0.26 per unit of volatility. If you would invest 1,603,772 in SPTSX Comp on May 26, 2018 and sell it today you would earn a total of 41,238 from holding SPTSX Comp or generate 2.57% return on investment over 30 days.