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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to under-perform the Seoul Comp. In addition to that, ATX is 1.41 times more volatile than Seoul Comp. It trades about -0.15 of its total potential returns per unit of risk. Seoul Comp is currently generating about 0.18 per unit of volatility. If you would invest 248,954 in Seoul Comp on October 20, 2017 and sell it today you would earn a total of 4,445 from holding Seoul Comp or generate 1.79% return on investment over 30 days.