This module allows you to analyze existing cross correlation between Hang Seng and OMXRGI. You can compare the effects of market volatilities on Hang Seng 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 Hang Seng with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and OMXRGI.
|Time Horizon||30 Days Login to change|
Hang Seng vs. OMXRGI
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the OMXRGI. In addition to that, Hang Seng is 1.11 times more volatile than OMXRGI. It trades about -0.15 of its total potential returns per unit of risk. OMXRGI is currently generating about 0.05 per unit of volatility. If you would invest 103,729 in OMXRGI on May 21, 2018 and sell it today you would earn a total of 1,251 from holding OMXRGI or generate 1.21% return on investment over 30 days.