This module allows you to analyze existing cross correlation between OMXRGI and Shanghai. You can compare the effects of market volatilities on OMXRGI and Shanghai 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 Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and Shanghai.
|Time Horizon||30 Days Login to change|
OMXRGI vs. Shanghai
Assuming 30 trading days horizon, OMXRGI is expected to generate 0.81 times more return on investment than Shanghai. However, OMXRGI is 1.24 times less risky than Shanghai. It trades about 0.06 of its potential returns per unit of risk. Shanghai is currently generating about -0.07 per unit of risk. If you would invest 102,134 in OMXRGI on March 26, 2018 and sell it today you would earn a total of 2,476 from holding OMXRGI or generate 2.42% return on investment over 30 days.