This module allows you to analyze existing cross correlation between ATX and OMXVGI. You can compare the effects of market volatilities on ATX and OMXVGI 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 ATX with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and OMXVGI.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate 1.86 times less return on investment than OMXVGI. In addition to that, ATX is 1.96 times more volatile than OMXVGI. It trades about 0.08 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.28 per unit of volatility. If you would invest 67,049 in OMXVGI on February 17, 2018 and sell it today you would earn a total of 1,562 from holding OMXVGI or generate 2.33% return on investment over 30 days.