This module allows you to analyze existing cross correlation between OMXVGI and Hang Seng. You can compare the effects of market volatilities on OMXVGI and Hang Seng 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 Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and Hang Seng.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 5.33 times less return on investment than Hang Seng. But when comparing it to its historical volatility, OMXVGI is 2.2 times less risky than Hang Seng. It trades about 0.11 of its potential returns per unit of risk. Hang Seng is currently generating about 0.26 of returns per unit of risk over similar time horizon. If you would invest 2,830,588 in Hang Seng on October 23, 2017 and sell it today you would earn a total of 95,443 from holding Hang Seng or generate 3.37% return on investment over 30 days.