This module allows you to analyze existing cross correlation between Seoul Comp and NYSE. You can compare the effects of market volatilities on Seoul Comp and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and NYSE.
|Time Horizon||30 Days Login to change|
Seoul Comp vs. NYSE
Assuming 30 trading days horizon, Seoul Comp is expected to under-perform the NYSE. In addition to that, Seoul Comp is 1.47 times more volatile than NYSE. It trades about -0.2 of its total potential returns per unit of risk. NYSE is currently generating about -0.09 per unit of volatility. If you would invest 1,280,400 in NYSE on May 21, 2018 and sell it today you would lose (16,503) from holding NYSE or give up 1.29% of portfolio value over 30 days.