This module allows you to analyze existing cross correlation between SPTSX Comp and Seoul Comp. You can compare the effects of market volatilities on SPTSX Comp 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 SPTSX Comp with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and Seoul Comp.
|Time Horizon||30 Days Login to change|
SPTSX Comp vs. Seoul Comp
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.39 times more return on investment than Seoul Comp. However, SPTSX Comp is 2.55 times less risky than Seoul Comp. It trades about 0.23 of its potential returns per unit of risk. Seoul Comp is currently generating about -0.16 per unit of risk. If you would invest 1,607,567 in SPTSX Comp on May 25, 2018 and sell it today you would earn a total of 37,443 from holding SPTSX Comp or generate 2.33% return on investment over 30 days.