This module allows you to analyze existing cross correlation between Bursa Malaysia and OMXVGI. You can compare the effects of market volatilities on Bursa Malaysia 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 Bursa Malaysia with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Bursa Malaysia and OMXVGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bursa Malaysia is expected to under-perform the OMXVGI. In addition to that, Bursa Malaysia is 1.24 times more volatile than OMXVGI. It trades about -0.05 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.28 per unit of volatility. If you would invest 67,049 in OMXVGI on February 19, 2018 and sell it today you would earn a total of 1,674 from holding OMXVGI or generate 2.5% return on investment over 30 days.