This module allows you to analyze existing cross correlation between Straits Tms and Taiwan Wtd. You can compare the effects of market volatilities on Straits Tms and Taiwan Wtd 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 Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and Taiwan Wtd.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Straits Tms is expected to generate 1.54 times more return on investment than Taiwan Wtd. However, Straits Tms is 1.54 times more volatile than Taiwan Wtd. It trades about 0.12 of its potential returns per unit of risk. Taiwan Wtd is currently generating about -0.13 per unit of risk. If you would invest 333,491 in Straits Tms on October 18, 2017 and sell it today you would earn a total of 3,379 from holding Straits Tms or generate 1.01% return on investment over 30 days.