This module allows you to analyze existing cross correlation between Hang Seng and OMXVGI. You can compare the effects of market volatilities on Hang Seng 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 Hang Seng with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and OMXVGI.
|Time Horizon||30 Days Login to change|
Hang Seng vs. OMXVGI
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the OMXVGI. In addition to that, Hang Seng is 4.47 times more volatile than OMXVGI. It trades about -0.18 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.11 per unit of volatility. If you would invest 70,842 in OMXVGI on May 21, 2018 and sell it today you would earn a total of 529.70 from holding OMXVGI or generate 0.75% return on investment over 30 days.