This module allows you to analyze existing cross correlation between Hang Seng and Seoul Comp. You can compare the effects of market volatilities on Hang Seng 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 Hang Seng with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and Seoul Comp.
|Time Horizon||30 Days Login to change|
Hang Seng vs. Seoul Comp
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the Seoul Comp. In addition to that, Hang Seng is 1.17 times more volatile than Seoul Comp. It trades about -0.05 of its total potential returns per unit of risk. Seoul Comp is currently generating about 0.0 per unit of volatility. If you would invest 245,765 in Seoul Comp on March 27, 2018 and sell it today you would lose (883.98) from holding Seoul Comp or give up 0.36% of portfolio value over 30 days.