This module allows you to analyze existing cross correlation between MerVal and OMXVGI. You can compare the effects of market volatilities on MerVal 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 MerVal with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and OMXVGI.
|Time Horizon||30 Days Login to change|
MerVal vs. OMXVGI
Assuming 30 trading days horizon, MerVal is expected to generate 13.46 times more return on investment than OMXVGI. However, MerVal is 13.46 times more volatile than OMXVGI. It trades about 0.06 of its potential returns per unit of risk. OMXVGI is currently generating about 0.01 per unit of risk. If you would invest 2,909,585 in MerVal on May 25, 2018 and sell it today you would earn a total of 111,476 from holding MerVal or generate 3.83% return on investment over 30 days.