This module allows you to analyze existing cross correlation between OMXVGI and Straits Tms. You can compare the effects of market volatilities on OMXVGI and Straits Tms 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 Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and Straits Tms.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 2.04 times less return on investment than Straits Tms. But when comparing it to its historical volatility, OMXVGI is 1.12 times less risky than Straits Tms. It trades about 0.28 of its potential returns per unit of risk. Straits Tms is currently generating about 0.51 of returns per unit of risk over similar time horizon. If you would invest 338,571 in Straits Tms on December 22, 2017 and sell it today you would earn a total of 16,465 from holding Straits Tms or generate 4.86% return on investment over 30 days.