This module allows you to analyze existing cross correlation between Taiwan Wtd and ATX. You can compare the effects of market volatilities on Taiwan Wtd and ATX 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 Taiwan Wtd with a short position of ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and ATX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Taiwan Wtd is expected to under-perform the ATX. In addition to that, Taiwan Wtd is 1.09 times more volatile than ATX. It trades about -0.26 of its total potential returns per unit of risk. ATX is currently generating about -0.23 per unit of volatility. If you would invest 364,300 in ATX on January 19, 2018 and sell it today you would lose (23,501) from holding ATX or give up 6.45% of portfolio value over 30 days.