This module allows you to analyze existing cross correlation between OMXVGI and Stockholm. You can compare the effects of market volatilities on OMXVGI and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and Stockholm.
|Time Horizon||30 Days Login to change|
OMXVGI vs. Stockholm
Assuming 30 trading days horizon, OMXVGI is expected to generate 0.44 times more return on investment than Stockholm. However, OMXVGI is 2.26 times less risky than Stockholm. It trades about 0.14 of its potential returns per unit of risk. Stockholm is currently generating about -0.15 per unit of risk. If you would invest 70,890 in OMXVGI on May 20, 2018 and sell it today you would earn a total of 692.68 from holding OMXVGI or generate 0.98% return on investment over 30 days.