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|
Assuming 30 trading days horizon, NQFI is expected to generate 0.76 times more return on investment than Seoul Comp. However, NQFI is 1.31 times less risky than Seoul Comp. It trades about 0.71 of its potential returns per unit of risk. Seoul Comp is currently generating about 0.3 per unit of risk. If you would invest 151,814 in NQFI on December 22, 2017 and sell it today you would earn a total of 10,227 from holding NQFI or generate 6.74% return on investment over 30 days.