This module allows you to analyze existing cross correlation between OMXRGI and All Ords. You can compare the effects of market volatilities on OMXRGI and All Ords 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 OMXRGI with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and All Ords.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.06 times more return on investment than All Ords. However, OMXRGI is 1.06 times more volatile than All Ords. It trades about 0.3 of its potential returns per unit of risk. All Ords is currently generating about 0.18 per unit of risk. If you would invest 101,196 in OMXRGI on October 23, 2017 and sell it today you would earn a total of 2,471 from holding OMXRGI or generate 2.44% return on investment over 30 days.