This module allows you to analyze existing cross correlation between Taiwan Wtd and MerVal. You can compare the effects of market volatilities on Taiwan Wtd and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and MerVal.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Taiwan Wtd is expected to generate 2.45 times less return on investment than MerVal. But when comparing it to its historical volatility, Taiwan Wtd is 2.66 times less risky than MerVal. It trades about 0.58 of its potential returns per unit of risk. MerVal is currently generating about 0.54 of returns per unit of risk over similar time horizon. If you would invest 2,918,562 in MerVal on December 23, 2017 and sell it today you would earn a total of 440,608 from holding MerVal or generate 15.1% return on investment over 30 days.