This module allows you to analyze existing cross correlation between Taiwan Wtd and Jakarta Comp. You can compare the effects of market volatilities on Taiwan Wtd and Jakarta 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 Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and Jakarta Comp.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Taiwan Wtd is expected to under-perform the Jakarta Comp. But the index apears to be less risky and, when comparing its historical volatility, Taiwan Wtd is 1.36 times less risky than Jakarta Comp. The index trades about -0.04 of its potential returns per unit of risk. The Jakarta Comp is currently generating about 0.17 of returns per unit of risk over similar time horizon. If you would invest 595,267 in Jakarta Comp on October 21, 2017 and sell it today you would earn a total of 9,906 from holding Jakarta Comp or generate 1.66% return on investment over 30 days.