This module allows you to analyze existing cross correlation between DOW and OMXRGI. You can compare the effects of market volatilities on DOW and OMXRGI 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 DOW with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and OMXRGI.
|Time Horizon||30 Days Login to change|
DOW vs. OMXRGI
Given the investment horizon of 30 days, DOW is not expected to generate positive returns. However, DOW is 1.41 times less risky than OMXRGI. It waists most of its returns potential to compensate for thr risk taken. OMXRGI is generating about -0.06 per unit of risk. If you would invest 2,471,509 in DOW on May 20, 2018 and sell it today you would lose (1,475) from holding DOW or give up 0.06% of portfolio value over 30 days.