This module allows you to analyze existing cross correlation between Taiwan Wtd and Straits Tms. You can compare the effects of market volatilities on Taiwan Wtd and Straits Tms 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 Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and Straits Tms.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Taiwan Wtd is expected to generate 1.0 times more return on investment than Straits Tms. However, Taiwan Wtd is 1.0 times more volatile than Straits Tms. It trades about 0.63 of its potential returns per unit of risk. Straits Tms is currently generating about 0.56 per unit of risk. If you would invest 1,052,249 in Taiwan Wtd on December 24, 2017 and sell it today you would earn a total of 70,897 from holding Taiwan Wtd or generate 6.74% return on investment over 30 days.