This module allows you to analyze existing cross correlation between Stockholm and Seoul Comp. You can compare the effects of market volatilities on Stockholm 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 Stockholm with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and Seoul Comp.
|Time Horizon||30 Days Login to change|
Stockholm vs. Seoul Comp
Assuming 30 trading days horizon, Stockholm is expected to generate 0.7 times more return on investment than Seoul Comp. However, Stockholm is 1.42 times less risky than Seoul Comp. It trades about -0.15 of its potential returns per unit of risk. Seoul Comp is currently generating about -0.19 per unit of risk. If you would invest 59,131 in Stockholm on May 20, 2018 and sell it today you would lose (1,404) from holding Stockholm or give up 2.37% of portfolio value over 30 days.