This module allows you to analyze existing cross correlation between NIKKEI 225 and OMXVGI. You can compare the effects of market volatilities on NIKKEI 225 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 NIKKEI 225 with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NIKKEI 225 and OMXVGI.
|Time Horizon||30 Days Login to change|
NIKKEI 225 vs. OMXVGI
Assuming 30 trading days horizon, NIKKEI 225 is expected to under-perform the OMXVGI. In addition to that, NIKKEI 225 is 3.28 times more volatile than OMXVGI. It trades about -0.08 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.1 per unit of volatility. If you would invest 70,842 in OMXVGI on May 21, 2018 and sell it today you would earn a total of 529.88 from holding OMXVGI or generate 0.75% return on investment over 30 days.