This module allows you to analyze existing cross correlation between OMXVGI and Jakarta Comp. You can compare the effects of market volatilities on OMXVGI and Jakarta 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 Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and Jakarta Comp.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 3.13 times more return on investment than Jakarta Comp. However, OMXVGI is 3.13 times more volatile than Jakarta Comp. It trades about 0.02 of its potential returns per unit of risk. Jakarta Comp is currently generating about 0.01 per unit of risk. If you would invest 66,698 in OMXVGI on January 23, 2018 and sell it today you would earn a total of 184.00 from holding OMXVGI or generate 0.28% return on investment over 30 days.