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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, DOW is expected to generate 2.15 times less return on investment than OMXRGI. But when comparing it to its historical volatility, DOW is 1.01 times less risky than OMXRGI. It trades about 0.08 of its potential returns per unit of risk. OMXRGI is currently generating about 0.18 of returns per unit of risk over similar time horizon. If you would invest 102,042 in OMXRGI on October 24, 2017 and sell it today you would earn a total of 1,353 from holding OMXRGI or generate 1.33% return on investment over 30 days.