This module allows you to analyze existing cross correlation between ATX and Seoul Comp. You can compare the effects of market volatilities on ATX and Seoul 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 ATX with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and Seoul Comp.
|Time Horizon||30 Days Login to change|
ATX vs. Seoul Comp
Given the investment horizon of 30 days, ATX is expected to generate 1.04 times less return on investment than Seoul Comp. But when comparing it to its historical volatility, ATX is 1.21 times less risky than Seoul Comp. It trades about 0.05 of its potential returns per unit of risk. Seoul Comp is currently generating about 0.04 of returns per unit of risk over similar time horizon. If you would invest 241,428 in Seoul Comp on March 24, 2018 and sell it today you would earn a total of 5,228 from holding Seoul Comp or generate 2.17% return on investment over 30 days.