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|
Given the investment horizon of 30 days, DOW is expected to under-perform the OMXRGI. In addition to that, DOW is 1.76 times more volatile than OMXRGI. It trades about -0.12 of its total potential returns per unit of risk. OMXRGI is currently generating about -0.07 per unit of volatility. If you would invest 103,867 in OMXRGI on January 22, 2018 and sell it today you would lose (1,442) from holding OMXRGI or give up 1.39% of portfolio value over 30 days.