This module allows you to analyze existing cross correlation between Seoul Comp and OMXRGI. You can compare the effects of market volatilities on Seoul Comp and OMXRGI 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 OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and OMXRGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Seoul Comp is expected to under-perform the OMXRGI. In addition to that, Seoul Comp is 1.18 times more volatile than OMXRGI. It trades about -0.15 of its total potential returns per unit of risk. OMXRGI is currently generating about -0.03 per unit of volatility. If you would invest 103,867 in OMXRGI on January 20, 2018 and sell it today you would lose (675.00) from holding OMXRGI or give up 0.65% of portfolio value over 30 days.