This module allows you to analyze existing cross correlation between Madrid Gnrl and Seoul Comp. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and Seoul Comp.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. Seoul Comp
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the Seoul Comp. In addition to that, Madrid Gnrl is 1.06 times more volatile than Seoul Comp. It trades about -0.08 of its total potential returns per unit of risk. Seoul Comp is currently generating about 0.01 per unit of volatility. If you would invest 235,722 in Seoul Comp on May 24, 2018 and sell it today you would earn a total of 0.00 from holding Seoul Comp or generate 0.0% return on investment over 30 days.