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|
OMXVGI vs. Straits Tms
Assuming 30 trading days horizon, OMXVGI is expected to generate 0.51 times more return on investment than Straits Tms. However, OMXVGI is 1.98 times less risky than Straits Tms. It trades about 0.21 of its potential returns per unit of risk. Straits Tms is currently generating about 0.02 per unit of risk. If you would invest 66,962 in OMXVGI on March 26, 2018 and sell it today you would earn a total of 3,417 from holding OMXVGI or generate 5.1% return on investment over 30 days.