This module allows you to analyze existing cross correlation between Shanghai and Seoul Comp. You can compare the effects of market volatilities on Shanghai 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 Shanghai with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and Seoul Comp.
|Time Horizon||30 Days Login to change|
Shanghai vs. Seoul Comp
Assuming 30 trading days horizon, Shanghai is expected to under-perform the Seoul Comp. In addition to that, Shanghai is 1.03 times more volatile than Seoul Comp. It trades about -0.12 of its total potential returns per unit of risk. Seoul Comp is currently generating about 0.04 per unit of volatility. If you would invest 241,428 in Seoul Comp on March 24, 2018 and sell it today you would earn a total of 5,228 from holding Seoul Comp or generate 2.17% return on investment over 30 days.