This module allows you to analyze existing cross correlation between Greece TR and OMXRGI. You can compare the effects of market volatilities on Greece TR 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 Greece TR with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and OMXRGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to under-perform the OMXRGI. In addition to that, Greece TR is 1.03 times more volatile than OMXRGI. It trades about -0.31 of its total potential returns per unit of risk. OMXRGI is currently generating about -0.03 per unit of volatility. If you would invest 103,192 in OMXRGI on February 16, 2018 and sell it today you would lose (783.78) from holding OMXRGI or give up 0.76% of portfolio value over 30 days.