This module allows you to analyze existing cross correlation between NQFI and Seoul Comp. You can compare the effects of market volatilities on NQFI 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 NQFI with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and Seoul Comp.
|Time Horizon||30 Days Login to change|
NQFI vs. Seoul Comp
Assuming 30 trading days horizon, NQFI is expected to under-perform the Seoul Comp. But the index apears to be less risky and, when comparing its historical volatility, NQFI is 1.34 times less risky than Seoul Comp. The index trades about -0.08 of its potential returns per unit of risk. The Seoul Comp is currently generating about 0.0 of returns per unit of risk over similar time horizon. If you would invest 245,765 in Seoul Comp on March 27, 2018 and sell it today you would lose (883.98) from holding Seoul Comp or give up 0.36% of portfolio value over 30 days.