This module allows you to analyze existing cross correlation between NQPH and Seoul Comp. You can compare the effects of market volatilities on NQPH 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 NQPH with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NQPH and Seoul Comp.
|Time Horizon||30 Days Login to change|
NQPH vs. Seoul Comp
Assuming 30 trading days horizon, NQPH is expected to under-perform the Seoul Comp. In addition to that, NQPH is 1.48 times more volatile than Seoul Comp. It trades about -0.18 of its total potential returns per unit of risk. Seoul Comp is currently generating about -0.22 per unit of volatility. If you would invest 246,065 in Seoul Comp on May 20, 2018 and sell it today you would lose (12,054) from holding Seoul Comp or give up 4.9% of portfolio value over 30 days.