This module allows you to analyze existing cross correlation between Seoul Comp and Jakarta Comp. You can compare the effects of market volatilities on Seoul Comp and Jakarta 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 Seoul Comp with a short position of Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Seoul Comp vs. Jakarta Comp
Assuming 30 trading days horizon, Seoul Comp is expected to generate 1.42 times more return on investment than Jakarta Comp. However, Seoul Comp is 1.42 times more volatile than Jakarta Comp. It trades about 0.01 of its potential returns per unit of risk. Jakarta Comp is currently generating about -0.15 per unit of risk. If you would invest 245,152 in Seoul Comp on March 26, 2018 and sell it today you would earn a total of 1,262 from holding Seoul Comp or generate 0.51% return on investment over 30 days.