This module allows you to analyze existing cross correlation between DAX and OMXVGI. You can compare the effects of market volatilities on DAX 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 DAX with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of DAX and OMXVGI.
|Time Horizon||30 Days Login to change|
DAX vs. OMXVGI
Assuming 30 trading days horizon, DAX is expected to under-perform the OMXVGI. In addition to that, DAX is 3.31 times more volatile than OMXVGI. It trades about -0.11 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.09 per unit of volatility. If you would invest 70,890 in OMXVGI on May 20, 2018 and sell it today you would earn a total of 481.85 from holding OMXVGI or generate 0.68% return on investment over 30 days.