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|
Taiwan Wtd vs. NYSE
Assuming 30 trading days horizon, Taiwan Wtd is expected to generate 1.36 times more return on investment than NYSE. However, Taiwan Wtd is 1.36 times more volatile than NYSE. It trades about 0.04 of its potential returns per unit of risk. NYSE is currently generating about -0.02 per unit of risk. If you would invest 1,082,787 in Taiwan Wtd on May 20, 2018 and sell it today you would earn a total of 7,632 from holding Taiwan Wtd or generate 0.7% return on investment over 30 days.