This module allows you to analyze existing cross correlation between Straits Tms and XU100. You can compare the effects of market volatilities on Straits Tms and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and XU100.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Straits Tms is expected to generate 0.39 times more return on investment than XU100. However, Straits Tms is 2.56 times less risky than XU100. It trades about 0.45 of its potential returns per unit of risk. XU100 is currently generating about 0.14 per unit of risk. If you would invest 338,253 in Straits Tms on December 21, 2017 and sell it today you would earn a total of 13,878 from holding Straits Tms or generate 4.1% return on investment over 30 days.