This module allows you to analyze existing cross correlation between Straits Tms and NZSE. You can compare the effects of market volatilities on Straits Tms and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and NZSE.
|Time Horizon||30 Days Login to change|
Straits Tms vs. NZSE
Given the investment horizon of 30 days, Straits Tms is expected to generate 3.13 times less return on investment than NZSE. In addition to that, Straits Tms is 1.56 times more volatile than NZSE. It trades about 0.02 of its total potential returns per unit of risk. NZSE is currently generating about 0.1 per unit of volatility. If you would invest 811,525 in NZSE on March 20, 2018 and sell it today you would earn a total of 25,424 from holding NZSE or generate 3.13% return on investment over 30 days.