This module allows you to analyze existing cross correlation between NYSE and Straits Tms. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and Straits Tms.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 0.75 times more return on investment than Straits Tms. However, NYSE is 1.33 times less risky than Straits Tms. It trades about 0.61 of its potential returns per unit of risk. Straits Tms is currently generating about 0.36 per unit of risk. If you would invest 1,278,583 in NYSE on December 18, 2017 and sell it today you would earn a total of 50,849 from holding NYSE or generate 3.98% return on investment over 30 days.