This module allows you to analyze existing cross correlation between OMXRGI and Straits Tms. You can compare the effects of market volatilities on OMXRGI and Straits Tms 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 Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and Straits Tms.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.09 times less return on investment than Straits Tms. In addition to that, OMXRGI is 1.14 times more volatile than Straits Tms. It trades about 0.41 of its total potential returns per unit of risk. Straits Tms is currently generating about 0.51 per unit of volatility. If you would invest 338,571 in Straits Tms on December 22, 2017 and sell it today you would earn a total of 16,465 from holding Straits Tms or generate 4.86% return on investment over 30 days.