This module allows you to analyze existing cross correlation between IBEX 35 and OMXVGI. You can compare the effects of market volatilities on IBEX 35 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 IBEX 35 with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of IBEX 35 and OMXVGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, IBEX 35 is expected to generate 1.4 times more return on investment than OMXVGI. However, IBEX 35 is 1.4 times more volatile than OMXVGI. It trades about 0.35 of its potential returns per unit of risk. OMXVGI is currently generating about 0.36 per unit of risk. If you would invest 1,016,520 in IBEX 35 on December 24, 2017 and sell it today you would earn a total of 41,880 from holding IBEX 35 or generate 4.12% return on investment over 30 days.