This module allows you to analyze existing cross correlation between OMXRGI and Bursa Malaysia. You can compare the effects of market volatilities on OMXRGI and Bursa Malaysia 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 Bursa Malaysia. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and Bursa Malaysia.
|Time Horizon||30 Days Login to change|
OMXRGI vs. Bursa Malaysia
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.67 times more return on investment than Bursa Malaysia. However, OMXRGI is 1.67 times more volatile than Bursa Malaysia. It trades about 0.09 of its potential returns per unit of risk. Bursa Malaysia is currently generating about 0.08 per unit of risk. If you would invest 101,468 in OMXRGI on March 24, 2018 and sell it today you would earn a total of 3,668 from holding OMXRGI or generate 3.62% return on investment over 30 days.