This module allows you to analyze existing cross correlation between Seoul Comp and Shanghai. You can compare the effects of market volatilities on Seoul Comp and Shanghai 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 Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of Seoul Comp and Shanghai.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Seoul Comp is expected to generate 1.14 times more return on investment than Shanghai. However, Seoul Comp is 1.14 times more volatile than Shanghai. It trades about 0.18 of its potential returns per unit of risk. Shanghai is currently generating about 0.02 per unit of risk. If you would invest 248,954 in Seoul Comp on October 20, 2017 and sell it today you would earn a total of 4,445 from holding Seoul Comp or generate 1.79% return on investment over 30 days.