This module allows you to analyze existing cross correlation between NYSE and Seoul Comp. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and Seoul Comp.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to under-perform the Seoul Comp. But the index apears to be less risky and, when comparing its historical volatility, NYSE is 1.67 times less risky than Seoul Comp. The index trades about -0.08 of its potential returns per unit of risk. The Seoul Comp is currently generating about 0.15 of returns per unit of risk over similar time horizon. If you would invest 249,005 in Seoul Comp on October 23, 2017 and sell it today you would earn a total of 3,762 from holding Seoul Comp or generate 1.51% return on investment over 30 days.