This module allows you to analyze existing cross correlation between Straits Tms and NIKKEI 225. You can compare the effects of market volatilities on Straits Tms and NIKKEI 225 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 NIKKEI 225. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and NIKKEI 225.
|Time Horizon||30 Days Login to change|
Straits Tms vs. NIKKEI 225
Given the investment horizon of 30 days, Straits Tms is expected to under-perform the NIKKEI 225. In addition to that, Straits Tms is 1.32 times more volatile than NIKKEI 225. It trades about -0.08 of its total potential returns per unit of risk. NIKKEI 225 is currently generating about 0.39 per unit of volatility. If you would invest 2,208,804 in NIKKEI 225 on April 22, 2018 and sell it today you would earn a total of 87,230 from holding NIKKEI 225 or generate 3.95% return on investment over 30 days.