This module allows you to analyze existing cross correlation between OMXVGI and FTSE MIB. You can compare the effects of market volatilities on OMXVGI and FTSE MIB 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 FTSE MIB. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and FTSE MIB.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 3.28 times more return on investment than FTSE MIB. However, OMXVGI is 3.28 times more volatile than FTSE MIB. It trades about 0.02 of its potential returns per unit of risk. FTSE MIB is currently generating about -0.37 per unit of risk. If you would invest 66,698 in OMXVGI on January 23, 2018 and sell it today you would earn a total of 184.00 from holding OMXVGI or generate 0.28% return on investment over 30 days.