This module allows you to analyze existing cross correlation between Straits Tms and MerVal. You can compare the effects of market volatilities on Straits Tms and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and MerVal.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Straits Tms is expected to generate 0.38 times more return on investment than MerVal. However, Straits Tms is 2.61 times less risky than MerVal. It trades about -0.18 of its potential returns per unit of risk. MerVal is currently generating about -0.12 per unit of risk. If you would invest 360,924 in Straits Tms on January 24, 2018 and sell it today you would lose (12,078) from holding Straits Tms or give up 3.35% of portfolio value over 30 days.