This module allows you to analyze existing cross correlation between ISEQ and OMXVGI. You can compare the effects of market volatilities on ISEQ 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 ISEQ with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of ISEQ and OMXVGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, ISEQ is expected to generate 2.67 times less return on investment than OMXVGI. But when comparing it to its historical volatility, ISEQ is 1.02 times less risky than OMXVGI. It trades about 0.08 of its potential returns per unit of risk. OMXVGI is currently generating about 0.22 of returns per unit of risk over similar time horizon. If you would invest 65,056 in OMXVGI on December 19, 2017 and sell it today you would earn a total of 1,274 from holding OMXVGI or generate 1.96% return on investment over 30 days.