This module allows you to analyze existing cross correlation between OMXRGI and MerVal. You can compare the effects of market volatilities on OMXRGI and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and MerVal.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXRGI is expected to generate 3.7993788255288144E14 times less return on investment than MerVal. But when comparing it to its historical volatility, OMXRGI is 5.2156123004511725E14 times less risky than MerVal. It trades about 0.3 of its potential returns per unit of risk. MerVal is currently generating about 0.22 of returns per unit of risk over similar time horizon. If you would invest 2,778,260 in MerVal on October 22, 2017 and sell it today you would lose (65,410) from holding MerVal or give up 2.35% of portfolio value over 30 days.