This module allows you to analyze existing cross correlation between Seoul Comp and Bovespa. You can compare the effects of market volatilities on Seoul Comp and Bovespa 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 Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and Bovespa.
|Time Horizon||30 Days Login to change|
Seoul Comp vs. Bovespa
Assuming 30 trading days horizon, Seoul Comp is expected to generate 0.5 times more return on investment than Bovespa. However, Seoul Comp is 1.99 times less risky than Bovespa. It trades about 0.0 of its potential returns per unit of risk. Bovespa is currently generating about -0.12 per unit of risk. If you would invest 246,656 in Seoul Comp on April 21, 2018 and sell it today you would lose (99.00) from holding Seoul Comp or give up 0.04% of portfolio value over 30 days.