This module allows you to analyze existing cross correlation between Nasdaq and OMXVGI. You can compare the effects of market volatilities on Nasdaq 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 Nasdaq with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and OMXVGI.
|Time Horizon||30 Days Login to change|
Nasdaq vs. OMXVGI
Assuming 30 trading days horizon, Nasdaq is expected to generate 2.57 times more return on investment than OMXVGI. However, Nasdaq is 2.57 times more volatile than OMXVGI. It trades about 0.23 of its potential returns per unit of risk. OMXVGI is currently generating about 0.01 per unit of risk. If you would invest 743,385 in Nasdaq on May 25, 2018 and sell it today you would earn a total of 25,897 from holding Nasdaq or generate 3.48% return on investment over 30 days.