This module allows you to analyze existing cross correlation between Madrid Gnrl and OMXVGI. You can compare the effects of market volatilities on Madrid Gnrl and OMXVGI 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 OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and OMXVGI.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. OMXVGI
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the OMXVGI. In addition to that, Madrid Gnrl is 5.29 times more volatile than OMXVGI. It trades about -0.09 of its total potential returns per unit of risk. OMXVGI is currently generating about -0.01 per unit of volatility. If you would invest 71,230 in OMXVGI on May 24, 2018 and sell it today you would lose (43.28) from holding OMXVGI or give up 0.06% of portfolio value over 30 days.