This module allows you to analyze existing cross correlation between OMXVGI and Shanghai. You can compare the effects of market volatilities on OMXVGI and Shanghai 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 Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and Shanghai.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 1.95 times less return on investment than Shanghai. But when comparing it to its historical volatility, OMXVGI is 1.05 times less risky than Shanghai. It trades about 0.22 of its potential returns per unit of risk. Shanghai is currently generating about 0.41 of returns per unit of risk over similar time horizon. If you would invest 329,654 in Shanghai on December 19, 2017 and sell it today you would earn a total of 14,813 from holding Shanghai or generate 4.49% return on investment over 30 days.