This module allows you to analyze existing cross correlation between Seoul Comp and NZSE. You can compare the effects of market volatilities on Seoul Comp and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and NZSE.
|Time Horizon||30 Days Login to change|
Seoul Comp vs. NZSE
Assuming 30 trading days horizon, Seoul Comp is expected to under-perform the NZSE. In addition to that, Seoul Comp is 1.58 times more volatile than NZSE. It trades about -0.22 of its total potential returns per unit of risk. NZSE is currently generating about 0.17 per unit of volatility. If you would invest 865,733 in NZSE on May 20, 2018 and sell it today you would earn a total of 20,591 from holding NZSE or generate 2.38% return on investment over 30 days.