This module allows you to analyze existing cross correlation between Straits Tms and Shanghai. You can compare the effects of market volatilities on Straits Tms and Shanghai 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 Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and Shanghai.
|Time Horizon||30 Days Login to change|
Straits Tms vs. Shanghai
Given the investment horizon of 30 days, Straits Tms is expected to generate 0.89 times more return on investment than Shanghai. However, Straits Tms is 1.12 times less risky than Shanghai. It trades about 0.09 of its potential returns per unit of risk. Shanghai is currently generating about -0.1 per unit of risk. If you would invest 347,653 in Straits Tms on March 22, 2018 and sell it today you would earn a total of 12,220 from holding Straits Tms or generate 3.51% return on investment over 30 days.