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|
Given the investment horizon of 30 days, Straits Tms is expected to generate 1.07 times more return on investment than SPTSX Comp. However, Straits Tms is 1.07 times more volatile than SPTSX Comp. It trades about -0.13 of its potential returns per unit of risk. SPTSX Comp is currently generating about -0.2 per unit of risk. If you would invest 357,262 in Straits Tms on January 25, 2018 and sell it today you would lose (8,416) from holding Straits Tms or give up 2.36% of portfolio value over 30 days.