This module allows you to analyze existing cross correlation between Straits Tms and Stockholm. You can compare the effects of market volatilities on Straits Tms and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and Stockholm.
|Time Horizon||30 Days Login to change|
Straits Tms vs. Stockholm
Given the investment horizon of 30 days, Straits Tms is expected to under-perform the Stockholm. In addition to that, Straits Tms is 1.04 times more volatile than Stockholm. It trades about -0.42 of its total potential returns per unit of risk. Stockholm is currently generating about -0.1 per unit of volatility. If you would invest 58,196 in Stockholm on May 26, 2018 and sell it today you would lose (1,045) from holding Stockholm or give up 1.79% of portfolio value over 30 days.