This module allows you to analyze existing cross correlation between Seoul Comp and NQPH. You can compare the effects of market volatilities on Seoul Comp and NQPH 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 NQPH. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and NQPH.
|Time Horizon||30 Days Login to change|
Seoul Comp vs. NQPH
Assuming 30 trading days horizon, Seoul Comp is expected to generate 1.06 times more return on investment than NQPH. However, Seoul Comp is 1.06 times more volatile than NQPH. It trades about 0.03 of its potential returns per unit of risk. NQPH is currently generating about -0.23 per unit of risk. If you would invest 244,282 in Seoul Comp on March 21, 2018 and sell it today you would earn a total of 4,328 from holding Seoul Comp or generate 1.77% return on investment over 30 days.