This module allows you to analyze existing cross correlation between MerVal and Seoul Comp. You can compare the effects of market volatilities on MerVal and Seoul Comp 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 MerVal with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and Seoul Comp.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to under-perform the Seoul Comp. In addition to that, MerVal is 1.47 times more volatile than Seoul Comp. It trades about -0.01 of its total potential returns per unit of risk. Seoul Comp is currently generating about 0.11 per unit of volatility. If you would invest 244,282 in Seoul Comp on February 16, 2018 and sell it today you would earn a total of 5,115 from holding Seoul Comp or generate 2.09% return on investment over 30 days.