This module allows you to analyze existing cross correlation between OMXVGI and Seoul Comp. You can compare the effects of market volatilities on OMXVGI and Seoul 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 Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and Seoul Comp.
|Time Horizon||30 Days Login to change|
OMXVGI vs. Seoul Comp
Assuming 30 trading days horizon, OMXVGI is expected to generate 0.45 times more return on investment than Seoul Comp. However, OMXVGI is 2.21 times less risky than Seoul Comp. It trades about 0.22 of its potential returns per unit of risk. Seoul Comp is currently generating about 0.05 per unit of risk. If you would invest 67,049 in OMXVGI on March 22, 2018 and sell it today you would earn a total of 3,571 from holding OMXVGI or generate 5.33% return on investment over 30 days.