This module allows you to analyze existing cross correlation between NZSE and OMXRGI. You can compare the effects of market volatilities on NZSE 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 NZSE with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and OMXRGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NZSE is expected to generate 0.44 times more return on investment than OMXRGI. However, NZSE is 2.27 times less risky than OMXRGI. It trades about 0.36 of its potential returns per unit of risk. OMXRGI is currently generating about 0.1 per unit of risk. If you would invest 811,520 in NZSE on February 19, 2018 and sell it today you would earn a total of 37,692 from holding NZSE or generate 4.64% return on investment over 30 days.