This module allows you to analyze existing cross correlation between OMXRGI and NYSE. You can compare the effects of market volatilities on OMXRGI and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and NYSE.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.43 times more return on investment than NYSE. However, OMXRGI is 1.43 times more volatile than NYSE. It trades about 0.13 of its potential returns per unit of risk. NYSE is currently generating about -0.09 per unit of risk. If you would invest 102,419 in OMXRGI on October 19, 2017 and sell it today you would earn a total of 1,248 from holding OMXRGI or generate 1.22% return on investment over 30 days.