This module allows you to analyze existing cross correlation between OMXVGI and SPTSX Comp. You can compare the effects of market volatilities on OMXVGI and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and SPTSX Comp.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 1.07 times less return on investment than SPTSX Comp. But when comparing it to its historical volatility, OMXVGI is 1.22 times less risky than SPTSX Comp. It trades about 0.2 of its potential returns per unit of risk. SPTSX Comp is currently generating about 0.18 of returns per unit of risk over similar time horizon. If you would invest 1,540,766 in SPTSX Comp on February 15, 2018 and sell it today you would earn a total of 30,367 from holding SPTSX Comp or generate 1.97% return on investment over 30 days.