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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to generate 1.8 times more return on investment than OMXRGI. However, MerVal is 1.8 times more volatile than OMXRGI. It trades about 0.83 of its potential returns per unit of risk. OMXRGI is currently generating about 0.06 per unit of risk. If you would invest 2,713,732 in MerVal on December 17, 2017 and sell it today you would earn a total of 638,431 from holding MerVal or generate 23.53% return on investment over 30 days.