This module allows you to analyze existing cross correlation between OMXRGI and Greece TR. You can compare the effects of market volatilities on OMXRGI and Greece TR 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 Greece TR. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and Greece TR.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXRGI is expected to generate 0.27 times more return on investment than Greece TR. However, OMXRGI is 3.65 times less risky than Greece TR. It trades about 0.22 of its potential returns per unit of risk. Greece TR is currently generating about -0.2 per unit of risk. If you would invest 101,716 in OMXRGI on October 20, 2017 and sell it today you would earn a total of 1,951 from holding OMXRGI or generate 1.92% return on investment over 30 days.