This module allows you to analyze existing cross correlation between OMXVGI and Madrid Gnrl. You can compare the effects of market volatilities on OMXVGI and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
OMXVGI vs. Madrid Gnrl
Assuming 30 trading days horizon, OMXVGI is expected to generate 0.21 times more return on investment than Madrid Gnrl. However, OMXVGI is 4.74 times less risky than Madrid Gnrl. It trades about 0.14 of its potential returns per unit of risk. Madrid Gnrl is currently generating about -0.1 per unit of risk. If you would invest 70,890 in OMXVGI on May 19, 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.