This module allows you to analyze existing cross correlation between OMXVGI and MerVal. You can compare the effects of market volatilities on OMXVGI and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and MerVal.
|Time Horizon||30 Days Login to change|
OMXVGI vs. MerVal
Assuming 30 trading days horizon, OMXVGI is expected to generate 0.44 times more return on investment than MerVal. However, OMXVGI is 2.27 times less risky than MerVal. It trades about 0.16 of its potential returns per unit of risk. MerVal is currently generating about -0.17 per unit of risk. If you would invest 67,362 in OMXVGI on March 27, 2018 and sell it today you would earn a total of 2,635 from holding OMXVGI or generate 3.91% return on investment over 30 days.