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 0.48 times more return on investment than Shanghai. However, OMXVGI is 2.08 times less risky than Shanghai. It trades about 0.27 of its potential returns per unit of risk. Shanghai is currently generating about 0.02 per unit of risk. If you would invest 67,049 in OMXVGI on February 17, 2018 and sell it today you would earn a total of 1,527 from holding OMXVGI or generate 2.28% return on investment over 30 days.