This module allows you to analyze existing cross correlation between OMXRGI and Seoul Comp. You can compare the effects of market volatilities on OMXRGI and Seoul 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 Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and Seoul Comp.
|Time Horizon||30 Days Login to change|
OMXRGI vs. Seoul Comp
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.21 times more return on investment than Seoul Comp. However, OMXRGI is 1.21 times more volatile than Seoul Comp. It trades about -0.06 of its potential returns per unit of risk. Seoul Comp is currently generating about -0.22 per unit of risk. If you would invest 104,711 in OMXRGI on May 20, 2018 and sell it today you would lose (1,767) from holding OMXRGI or give up 1.69% of portfolio value over 30 days.