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.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 1.22 times more return on investment than Seoul Comp. However, NYSE is 1.22 times more volatile than Seoul Comp. It trades about -0.12 of its potential returns per unit of risk. Seoul Comp is currently generating about -0.18 per unit of risk. If you would invest 1,338,446 in NYSE on January 19, 2018 and sell it today you would lose (51,010) from holding NYSE or give up 3.81% of portfolio value over 30 days.