This module allows you to analyze existing cross correlation between Straits Tms and Jakarta Comp. You can compare the effects of market volatilities on Straits Tms and Jakarta 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 Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Straits Tms vs. Jakarta Comp
Given the investment horizon of 30 days, Straits Tms is expected to under-perform the Jakarta Comp. But the index apears to be less risky and, when comparing its historical volatility, Straits Tms is 792.96 times less risky than Jakarta Comp. The index trades about -0.47 of its potential returns per unit of risk. The Jakarta Comp is currently generating about 0.49 of returns per unit of risk over similar time horizon. If you would invest 586,046 in Jakarta Comp on May 21, 2018 and sell it today you would earn a total of 2,358 from holding Jakarta Comp or generate 0.4% return on investment over 30 days.