This module allows you to analyze existing cross correlation between OMXRGI and ATX. You can compare the effects of market volatilities on OMXRGI and ATX 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 ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and ATX.
|Time Horizon||30 Days Login to change|
OMXRGI vs. ATX
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.19 times more return on investment than ATX. However, OMXRGI is 1.19 times more volatile than ATX. It trades about 0.07 of its potential returns per unit of risk. ATX is currently generating about -0.25 per unit of risk. If you would invest 103,872 in OMXRGI on May 23, 2018 and sell it today you would earn a total of 2,068 from holding OMXRGI or generate 1.99% return on investment over 30 days.