This module allows you to analyze existing cross correlation between Seoul Comp and Taiwan Wtd. You can compare the effects of market volatilities on Seoul Comp and Taiwan Wtd 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 Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Seoul Comp is expected to generate 0.79 times more return on investment than Taiwan Wtd. However, Seoul Comp is 1.26 times less risky than Taiwan Wtd. It trades about -0.19 of its potential returns per unit of risk. Taiwan Wtd is currently generating about -0.32 per unit of risk. If you would invest 253,660 in Seoul Comp on January 23, 2018 and sell it today you would lose (10,695) from holding Seoul Comp or give up 4.22% of portfolio value over 30 days.