This module allows you to analyze existing cross correlation between NQEGT and Seoul Comp. You can compare the effects of market volatilities on NQEGT 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 NQEGT with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and Seoul Comp.
|Time Horizon||30 Days Login to change|
NQEGT vs. Seoul Comp
Assuming 30 trading days horizon, NQEGT is expected to generate 0.96 times more return on investment than Seoul Comp. However, NQEGT is 1.04 times less risky than Seoul Comp. It trades about -0.02 of its potential returns per unit of risk. Seoul Comp is currently generating about -0.19 per unit of risk. If you would invest 128,349 in NQEGT on May 23, 2018 and sell it today you would lose (690.54) from holding NQEGT or give up 0.54% of portfolio value over 30 days.