This module allows you to analyze existing cross correlation between NQTH and Seoul Comp. You can compare the effects of market volatilities on NQTH 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 NQTH with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and Seoul Comp.
|Time Horizon||30 Days Login to change|
NQTH vs. Seoul Comp
Assuming 30 trading days horizon, NQTH is expected to under-perform the Seoul Comp. But the index apears to be less risky and, when comparing its historical volatility, NQTH is 1.02 times less risky than Seoul Comp. The index trades about -0.23 of its potential returns per unit of risk. The Seoul Comp is currently generating about -0.16 of returns per unit of risk over similar time horizon. If you would invest 246,065 in Seoul Comp on May 19, 2018 and sell it today you would lose (8,441) from holding Seoul Comp or give up 3.43% of portfolio value over 30 days.