This module allows you to analyze existing cross correlation between Seoul Comp and Nasdaq. You can compare the effects of market volatilities on Seoul Comp and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and Nasdaq.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Seoul Comp is expected to generate 3.09 times less return on investment than Nasdaq. In addition to that, Seoul Comp is 1.33 times more volatile than Nasdaq. It trades about 0.1 of its total potential returns per unit of risk. Nasdaq is currently generating about 0.43 per unit of volatility. If you would invest 696,385 in Nasdaq on December 19, 2017 and sell it today you would earn a total of 33,443 from holding Nasdaq or generate 4.8% return on investment over 30 days.