This module allows you to analyze existing cross correlation between Seoul Comp and NQEGT. You can compare the effects of market volatilities on Seoul Comp and NQEGT 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 NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and NQEGT.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Seoul Comp is expected to under-perform the NQEGT. In addition to that, Seoul Comp is 1.15 times more volatile than NQEGT. It trades about -0.15 of its total potential returns per unit of risk. NQEGT is currently generating about -0.01 per unit of volatility. If you would invest 115,664 in NQEGT on January 22, 2018 and sell it today you would lose (343.00) from holding NQEGT or give up 0.3% of portfolio value over 30 days.