This module allows you to analyze existing cross correlation between OMXVGI and IBEX 35. You can compare the effects of market volatilities on OMXVGI and IBEX 35 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 IBEX 35. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and IBEX 35.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 0.3 times more return on investment than IBEX 35. However, OMXVGI is 3.3 times less risky than IBEX 35. It trades about 0.19 of its potential returns per unit of risk. IBEX 35 is currently generating about -0.08 per unit of risk. If you would invest 65,388 in OMXVGI on October 18, 2017 and sell it today you would earn a total of 724 from holding OMXVGI or generate 1.11% return on investment over 30 days.