This module allows you to analyze existing cross correlation between Russia TR and OMXRGI. You can compare the effects of market volatilities on Russia 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 Russia TR with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and OMXRGI.
|Time Horizon||30 Days Login to change|
Russia TR vs. OMXRGI
Assuming 30 trading days horizon, Russia TR is expected to under-perform the OMXRGI. In addition to that, Russia TR is 2.02 times more volatile than OMXRGI. It trades about -0.09 of its total potential returns per unit of risk. OMXRGI is currently generating about 0.07 per unit of volatility. If you would invest 102,134 in OMXRGI on March 25, 2018 and sell it today you would earn a total of 2,737 from holding OMXRGI or generate 2.68% return on investment over 30 days.