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|
Seoul Comp vs. NQEGT
Assuming 30 trading days horizon, Seoul Comp is expected to under-perform the NQEGT. But the index apears to be less risky and, when comparing its historical volatility, Seoul Comp is 1.08 times less risky than NQEGT. The index trades about -0.19 of its potential returns per unit of risk. The NQEGT is currently generating about -0.09 of returns per unit of risk over similar time horizon. If you would invest 129,194 in NQEGT on May 21, 2018 and sell it today you would lose (2,750) from holding NQEGT or give up 2.13% of portfolio value over 30 days.