This module allows you to analyze existing cross correlation between Taiwan Wtd and Bovespa. You can compare the effects of market volatilities on Taiwan Wtd and Bovespa 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 Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and Bovespa.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Taiwan Wtd is expected to generate 0.29 times more return on investment than Bovespa. However, Taiwan Wtd is 3.44 times less risky than Bovespa. It trades about 0.08 of its potential returns per unit of risk. Bovespa is currently generating about -0.09 per unit of risk. If you would invest 1,075,057 in Taiwan Wtd on October 25, 2017 and sell it today you would earn a total of 8,284 from holding Taiwan Wtd or generate 0.77% return on investment over 30 days.