This module allows you to analyze existing cross correlation between Straits Tms and NYSE. You can compare the effects of market volatilities on Straits Tms and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and NYSE.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Straits Tms is expected to generate 1.11 times less return on investment than NYSE. In addition to that, Straits Tms is 1.24 times more volatile than NYSE. It trades about 0.45 of its total potential returns per unit of risk. NYSE is currently generating about 0.62 per unit of volatility. If you would invest 1,280,022 in NYSE on December 21, 2017 and sell it today you would earn a total of 58,424 from holding NYSE or generate 4.56% return on investment over 30 days.