This module allows you to analyze existing cross correlation between OMXVGI and NQFI. You can compare the effects of market volatilities on OMXVGI and NQFI 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 NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and NQFI.
|Time Horizon||30 Days Login to change|
OMXVGI vs. NQFI
Assuming 30 trading days horizon, OMXVGI is expected to generate 0.28 times more return on investment than NQFI. However, OMXVGI is 3.63 times less risky than NQFI. It trades about 0.03 of its potential returns per unit of risk. NQFI is currently generating about -0.21 per unit of risk. If you would invest 71,026 in OMXVGI on May 22, 2018 and sell it today you would earn a total of 138.78 from holding OMXVGI or generate 0.2% return on investment over 30 days.