This module allows you to analyze existing cross correlation between OMXRGI and XU100. You can compare the effects of market volatilities on OMXRGI and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and XU100.
|Time Horizon||30 Days Login to change|
OMXRGI vs. XU100
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.06 times more return on investment than XU100. However, OMXRGI is 1.06 times more volatile than XU100. It trades about 0.01 of its potential returns per unit of risk. XU100 is currently generating about -0.14 per unit of risk. If you would invest 105,959 in OMXRGI on May 25, 2018 and sell it today you would earn a total of 0.00 from holding OMXRGI or generate 0.0% return on investment over 30 days.