This module allows you to analyze existing cross correlation between XU100 and Jakarta Comp. You can compare the effects of market volatilities on XU100 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 XU100 with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of XU100 and Jakarta Comp.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, XU100 is expected to under-perform the Jakarta Comp. But the index apears to be less risky and, when comparing its historical volatility, XU100 is 139.77 times less risky than Jakarta Comp. The index trades about -0.08 of its potential returns per unit of risk. The Jakarta Comp is currently generating about 0.19 of returns per unit of risk over similar time horizon. If you would invest 599,585 in Jakarta Comp on October 26, 2017 and sell it today you would earn a total of 7,129 from holding Jakarta Comp or generate 1.19% return on investment over 30 days.