This module allows you to analyze existing cross correlation between Taiwan Wtd and DAX. You can compare the effects of market volatilities on Taiwan Wtd and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and DAX.
|Time Horizon||30 Days Login to change|
Taiwan Wtd vs. DAX
Assuming 30 trading days horizon, Taiwan Wtd is expected to generate 0.78 times more return on investment than DAX. However, Taiwan Wtd is 1.28 times less risky than DAX. It trades about 0.02 of its potential returns per unit of risk. DAX is currently generating about 0.01 per unit of risk. If you would invest 1,071,444 in Taiwan Wtd on March 23, 2018 and sell it today you would earn a total of 6,494 from holding Taiwan Wtd or generate 0.61% return on investment over 30 days.