This module allows you to analyze existing cross correlation between OMXVGI and ATX. You can compare the effects of market volatilities on OMXVGI and ATX 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 OMXVGI with a short position of ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and ATX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 1.34 times more return on investment than ATX. However, OMXVGI is 1.34 times more volatile than ATX. It trades about -0.18 of its potential returns per unit of risk. ATX is currently generating about -0.25 per unit of risk. If you would invest 71,257 in OMXVGI on January 25, 2018 and sell it today you would lose (4,295) from holding OMXVGI or give up 6.03% of portfolio value over 30 days.