This module allows you to analyze existing cross correlation between Taiwan Wtd and NYSE. You can compare the effects of market volatilities on Taiwan Wtd and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and NYSE.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Taiwan Wtd is expected to under-perform the NYSE. But the index apears to be less risky and, when comparing its historical volatility, Taiwan Wtd is 1.01 times less risky than NYSE. The index trades about -0.3 of its potential returns per unit of risk. The NYSE is currently generating about -0.14 of returns per unit of risk over similar time horizon. If you would invest 1,347,038 in NYSE on January 22, 2018 and sell it today you would lose (59,602) from holding NYSE or give up 4.42% of portfolio value over 30 days.