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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Russia TR is expected to generate 3.59 times less return on investment than OMXRGI. In addition to that, Russia TR is 2.59 times more volatile than OMXRGI. It trades about 0.02 of its total potential returns per unit of risk. OMXRGI is currently generating about 0.22 per unit of volatility. If you would invest 101,716 in OMXRGI on October 20, 2017 and sell it today you would earn a total of 1,951 from holding OMXRGI or generate 1.92% return on investment over 30 days.