This module allows you to analyze existing cross correlation between Taiwan Wtd and Seoul Comp. You can compare the effects of market volatilities on Taiwan Wtd 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 Taiwan Wtd with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and Seoul Comp.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Taiwan Wtd is expected to generate 1.52 times more return on investment than Seoul Comp. However, Taiwan Wtd is 1.52 times more volatile than Seoul Comp. It trades about -0.11 of its potential returns per unit of risk. Seoul Comp is currently generating about -0.2 per unit of risk. If you would invest 1,114,710 in Taiwan Wtd on January 26, 2018 and sell it today you would lose (35,255) from holding Taiwan Wtd or give up 3.16% of portfolio value over 30 days.