This module allows you to analyze existing cross correlation between CAC 40 and OMXVGI. You can compare the effects of market volatilities on CAC 40 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 CAC 40 with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of CAC 40 and OMXVGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, CAC 40 is expected to generate 1.34 times more return on investment than OMXVGI. However, CAC 40 is 1.34 times more volatile than OMXVGI. It trades about 0.23 of its potential returns per unit of risk. OMXVGI is currently generating about 0.31 per unit of risk. If you would invest 538,597 in CAC 40 on December 21, 2017 and sell it today you would earn a total of 14,054 from holding CAC 40 or generate 2.61% return on investment over 30 days.