This module allows you to analyze existing cross correlation between Straits Tms and Seoul Comp. You can compare the effects of market volatilities on Straits Tms 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 Straits Tms with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and Seoul Comp.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Straits Tms is expected to generate 0.74 times more return on investment than Seoul Comp. However, Straits Tms is 1.35 times less risky than Seoul Comp. It trades about -0.14 of its potential returns per unit of risk. Seoul Comp is currently generating about -0.12 per unit of risk. If you would invest 356,943 in Straits Tms on January 22, 2018 and sell it today you would lose (9,290) from holding Straits Tms or give up 2.6% of portfolio value over 30 days.