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|
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.02 times less return on investment than Shanghai. In addition to that, OMXRGI is 1.11 times more volatile than Shanghai. It trades about 0.46 of its total potential returns per unit of risk. Shanghai is currently generating about 0.52 per unit of volatility. If you would invest 330,006 in Shanghai on December 21, 2017 and sell it today you would earn a total of 18,780 from holding Shanghai or generate 5.69% return on investment over 30 days.