This module allows you to analyze existing cross correlation between OMXRGI and SPTSX Comp. You can compare the effects of market volatilities on OMXRGI and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and SPTSX Comp.
|Time Horizon||30 Days Login to change|
OMXRGI vs. SPTSX Comp
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.33 times more return on investment than SPTSX Comp. However, OMXRGI is 1.33 times more volatile than SPTSX Comp. It trades about 0.08 of its potential returns per unit of risk. SPTSX Comp is currently generating about 0.0 per unit of risk. If you would invest 101,926 in OMXRGI on March 23, 2018 and sell it today you would earn a total of 3,210 from holding OMXRGI or generate 3.15% return on investment over 30 days.