This module allows you to analyze existing cross correlation between Straits Tms and Bursa Malaysia. You can compare the effects of market volatilities on Straits Tms and Bursa Malaysia 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 Bursa Malaysia. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and Bursa Malaysia.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Straits Tms is expected to generate 1.44 times less return on investment than Bursa Malaysia. But when comparing it to its historical volatility, Straits Tms is 1.06 times less risky than Bursa Malaysia. It trades about 0.42 of its potential returns per unit of risk. Bursa Malaysia is currently generating about 0.57 of returns per unit of risk over similar time horizon. If you would invest 173,695 in Bursa Malaysia on December 19, 2017 and sell it today you would earn a total of 8,572 from holding Bursa Malaysia or generate 4.94% return on investment over 30 days.