This module allows you to analyze existing cross correlation between MerVal and OMXRGI. You can compare the effects of market volatilities on MerVal and OMXRGI 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 MerVal with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and OMXRGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to generate 4.767101879931526E14 times more return on investment than OMXRGI. However, MerVal is 4.767101879931526E14 times more volatile than OMXRGI. It trades about 0.21 of its potential returns per unit of risk. OMXRGI is currently generating about 0.1 per unit of risk. If you would invest 2,621,315 in MerVal on October 18, 2017 and sell it today you would earn a total of 9,953 from holding MerVal or generate 0.38% return on investment over 30 days.