This module allows you to analyze existing cross correlation between SPTSX Comp and OMXRGI. You can compare the effects of market volatilities on SPTSX Comp 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 SPTSX Comp with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and OMXRGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 1.21 times less return on investment than OMXRGI. But when comparing it to its historical volatility, SPTSX Comp is 2.2 times less risky than OMXRGI. It trades about 0.08 of its potential returns per unit of risk. OMXRGI is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 102,250 in OMXRGI on February 17, 2018 and sell it today you would earn a total of 1,005 from holding OMXRGI or generate 0.98% return on investment over 30 days.