This module allows you to analyze existing cross correlation between CAC 40 and OMXRGI. You can compare the effects of market volatilities on CAC 40 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 CAC 40 with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of CAC 40 and OMXRGI.
|Time Horizon||30 Days Login to change|
CAC 40 vs. OMXRGI
Assuming 30 trading days horizon, CAC 40 is expected to generate 1.88 times less return on investment than OMXRGI. But when comparing it to its historical volatility, CAC 40 is 1.16 times less risky than OMXRGI. It trades about 0.05 of its potential returns per unit of risk. OMXRGI is currently generating about 0.09 of returns per unit of risk over similar time horizon. If you would invest 101,468 in OMXRGI on March 24, 2018 and sell it today you would earn a total of 3,668 from holding OMXRGI or generate 3.62% return on investment over 30 days.