This module allows you to analyze existing cross correlation between OMXRGI and Taiwan Wtd. You can compare the effects of market volatilities on OMXRGI and Taiwan Wtd 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 Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and Taiwan Wtd.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.29 times more return on investment than Taiwan Wtd. However, OMXRGI is 1.29 times more volatile than Taiwan Wtd. It trades about 0.13 of its potential returns per unit of risk. Taiwan Wtd is currently generating about -0.07 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.