Tag
market correlation
2 articles
U.S.-Korea Tech Correlation Hits 2021 High, Cutting Diversification Value
The 60-day correlation between the Kospi and Nasdaq 100 reached 0.50, its highest since 2021, signaling tighter synchronization that erodes the case for cross-border portfolio hedging.
U.S.-Korea Tech Correlation Hits Four-Year High as AI Spending Binds Two Markets
The 60-day correlation between the Kospi and Nasdaq 100 reached 0.50, its highest since 2021, cutting diversification benefits for global tech investors.