This module allows you to analyze existing cross correlation between OMXRGI and OMXVGI. You can compare the effects of market volatilities on OMXRGI and OMXVGI 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 OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and OMXVGI.
|Time Horizon||30 Days Login to change|
OMXRGI vs. OMXVGI
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.57 times less return on investment than OMXVGI. In addition to that, OMXRGI is 1.91 times more volatile than OMXVGI. It trades about 0.08 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.23 per unit of volatility. If you would invest 66,882 in OMXVGI on March 23, 2018 and sell it today you would earn a total of 3,738 from holding OMXVGI or generate 5.59% return on investment over 30 days.