This module allows you to analyze existing cross correlation between SPTSX Comp and OMXVGI. You can compare the effects of market volatilities on SPTSX Comp 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 SPTSX Comp with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and OMXVGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 1.09 times more return on investment than OMXVGI. However, SPTSX Comp is 1.09 times more volatile than OMXVGI. It trades about 0.15 of its potential returns per unit of risk. OMXVGI is currently generating about 0.11 per unit of risk. If you would invest 1,585,576 in SPTSX Comp on October 22, 2017 and sell it today you would earn a total of 14,864 from holding SPTSX Comp or generate 0.94% return on investment over 30 days.