This module allows you to analyze existing cross correlation between DOW and Jakarta Comp. You can compare the effects of market volatilities on DOW 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 DOW with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and Jakarta Comp.
|Time Horizon||30 Days Login to change|
DOW vs. Jakarta Comp
Given the investment horizon of 30 days, DOW is expected to generate 26548.67 times less return on investment than Jakarta Comp. But when comparing it to its historical volatility, DOW is 437.73 times less risky than Jakarta Comp. It trades about 0.01 of its potential returns per unit of risk. Jakarta Comp is currently generating about 0.49 of returns per unit of risk over similar time horizon. If you would invest 586,046 in Jakarta Comp on May 21, 2018 and sell it today you would earn a total of 2,358 from holding Jakarta Comp or generate 0.4% return on investment over 30 days.