This module allows you to analyze existing cross correlation between Seoul Comp and ATX. You can compare the effects of market volatilities on Seoul Comp and ATX 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 Seoul Comp with a short position of ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and ATX.
|Time Horizon||30 Days Login to change|
Seoul Comp vs. ATX
Assuming 30 trading days horizon, Seoul Comp is expected to generate 1.04 times more return on investment than ATX. However, Seoul Comp is 1.04 times more volatile than ATX. It trades about -0.21 of its potential returns per unit of risk. ATX is currently generating about -0.29 per unit of risk. If you would invest 247,191 in Seoul Comp on May 23, 2018 and sell it today you would lose (12,614) from holding Seoul Comp or give up 5.1% of portfolio value over 30 days.