This module allows you to analyze existing cross correlation between Russell 2000 and Seoul Comp. You can compare the effects of market volatilities on Russell 2000 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 Russell 2000 with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Russell 2000 and Seoul Comp.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Russell 2000 is expected to under-perform the Seoul Comp. In addition to that, Russell 2000 is 1.39 times more volatile than Seoul Comp. It trades about -0.07 of its total potential returns per unit of risk. Seoul Comp is currently generating about 0.18 per unit of volatility. If you would invest 248,954 in Seoul Comp on October 20, 2017 and sell it today you would earn a total of 4,445 from holding Seoul Comp or generate 1.79% return on investment over 30 days.