This module allows you to analyze existing cross correlation between Taiwan Wtd and Nasdaq. You can compare the effects of market volatilities on Taiwan Wtd and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and Nasdaq.
|Time Horizon||30 Days Login to change|
Taiwan Wtd vs. Nasdaq
Assuming 30 trading days horizon, Taiwan Wtd is expected to generate 0.51 times more return on investment than Nasdaq. However, Taiwan Wtd is 1.97 times less risky than Nasdaq. It trades about -0.05 of its potential returns per unit of risk. Nasdaq is currently generating about -0.03 per unit of risk. If you would invest 1,079,455 in Taiwan Wtd on March 25, 2018 and sell it today you would lose (20,701) from holding Taiwan Wtd or give up 1.92% of portfolio value over 30 days.