This module allows you to analyze existing cross correlation between OMXVGI and OSE All. You can compare the effects of market volatilities on OMXVGI and OSE All 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 OSE All. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and OSE All.
|Time Horizon||30 Days Login to change|
OMXVGI vs. OSE All
Assuming 30 trading days horizon, OMXVGI is expected to under-perform the OSE All. But the index apears to be less risky and, when comparing its historical volatility, OMXVGI is 3.55 times less risky than OSE All. The index trades about -0.01 of its potential returns per unit of risk. The OSE All is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 99,465 in OSE All on May 24, 2018 and sell it today you would earn a total of 1,086 from holding OSE All or generate 1.09% return on investment over 30 days.