This module allows you to analyze existing cross correlation between Taiwan Wtd and SPTSX Comp. You can compare the effects of market volatilities on Taiwan Wtd and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and SPTSX Comp.
|Time Horizon||30 Days Login to change|
Taiwan Wtd vs. SPTSX Comp
Assuming 30 trading days horizon, Taiwan Wtd is expected to under-perform the SPTSX Comp. In addition to that, Taiwan Wtd is 1.21 times more volatile than SPTSX Comp. It trades about -0.01 of its total potential returns per unit of risk. SPTSX Comp is currently generating about 0.0 per unit of volatility. If you would invest 1,550,817 in SPTSX Comp on March 24, 2018 and sell it today you would lose (2,385) from holding SPTSX Comp or give up 0.15% of portfolio value over 30 days.