This module allows you to analyze existing cross correlation between Stockholm and OMXRGI. You can compare the effects of market volatilities on Stockholm and OMXRGI 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 Stockholm with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and OMXRGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to under-perform the OMXRGI. In addition to that, Stockholm is 1.16 times more volatile than OMXRGI. It trades about -0.15 of its total potential returns per unit of risk. OMXRGI is currently generating about -0.07 per unit of volatility. If you would invest 103,867 in OMXRGI on January 22, 2018 and sell it today you would lose (1,442) from holding OMXRGI or give up 1.39% of portfolio value over 30 days.