This module allows you to analyze existing cross correlation between Madrid Gnrl and OMXRGI. You can compare the effects of market volatilities on Madrid Gnrl and OMXRGI 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 Madrid Gnrl with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and OMXRGI.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. OMXRGI
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 4.04 times less return on investment than OMXRGI. But when comparing it to its historical volatility, Madrid Gnrl is 1.25 times less risky than OMXRGI. It trades about 0.02 of its potential returns per unit of risk. OMXRGI is currently generating about 0.08 of returns per unit of risk over similar time horizon. If you would invest 101,926 in OMXRGI on March 23, 2018 and sell it today you would earn a total of 3,210 from holding OMXRGI or generate 3.15% return on investment over 30 days.