This module allows you to analyze existing cross correlation between NZSE and OMXVGI. You can compare the effects of market volatilities on NZSE 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 NZSE with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and OMXVGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NZSE is expected to under-perform the OMXVGI. In addition to that, NZSE is 1.52 times more volatile than OMXVGI. It trades about -0.09 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.1 per unit of volatility. If you would invest 65,680 in OMXVGI on October 19, 2017 and sell it today you would earn a total of 360 from holding OMXVGI or generate 0.55% return on investment over 30 days.