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|
CAC 40 vs. OMXVGI
Assuming 30 trading days horizon, CAC 40 is expected to generate 2.39 times less return on investment than OMXVGI. In addition to that, CAC 40 is 1.64 times more volatile than OMXVGI. It trades about 0.05 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.2 per unit of volatility. If you would invest 67,049 in OMXVGI on March 20, 2018 and sell it today you would earn a total of 3,210 from holding OMXVGI or generate 4.79% return on investment over 30 days.