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|
Assuming 30 trading days horizon, OMXVGI is expected to under-perform the Madrid Gnrl. In addition to that, OMXVGI is 1.51 times more volatile than Madrid Gnrl. It trades about -0.22 of its total potential returns per unit of risk. Madrid Gnrl is currently generating about -0.32 per unit of volatility. If you would invest 107,269 in Madrid Gnrl on January 26, 2018 and sell it today you would lose (7,367) from holding Madrid Gnrl or give up 6.87% of portfolio value over 30 days.