This module allows you to analyze existing cross correlation between OMXRGI and Stockholm. You can compare the effects of market volatilities on OMXRGI and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and Stockholm.
|Time Horizon||30 Days Login to change|
OMXRGI vs. Stockholm
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.44 times more return on investment than Stockholm. However, OMXRGI is 1.44 times more volatile than Stockholm. It trades about -0.02 of its potential returns per unit of risk. Stockholm is currently generating about -0.12 per unit of risk. If you would invest 104,711 in OMXRGI on May 19, 2018 and sell it today you would lose (582.72) from holding OMXRGI or give up 0.56% of portfolio value over 30 days.