This module allows you to analyze existing cross correlation between Jakarta Comp and Seoul Comp. You can compare the effects of market volatilities on Jakarta 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 Jakarta Comp with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and Seoul Comp.
|Time Horizon||30 Days Login to change|
Jakarta Comp vs. Seoul Comp
Assuming 30 trading days horizon, Jakarta Comp is expected to under-perform the Seoul Comp. But the index apears to be less risky and, when comparing its historical volatility, Jakarta Comp is 1.47 times less risky than Seoul Comp. The index trades about -0.11 of its potential returns per unit of risk. The 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.