Pair Correlation Between Swiss Mrt and OSE All

This module allows you to analyze existing cross correlation between Swiss Mrt and OSE All. You can compare the effects of market volatilities on Swiss Mrt and OSE All 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 Swiss Mrt with a short position of OSE All. See also your portfolio center. Please also check ongoing floating volatility patterns of Swiss Mrt and OSE All.
 Time Horizon     30 Days    Login   to change
 Swiss Mrt  vs   OSE All
 Performance (%) 

Pair Volatility

Assuming 30 trading days horizon, Swiss Mrt is expected to under-perform the OSE All. In addition to that, Swiss Mrt is 1.04 times more volatile than OSE All. It trades about -0.17 of its total potential returns per unit of risk. OSE All is currently generating about -0.07 per unit of volatility. If you would invest  90,902  in OSE All on February 22, 2018 and sell it today you would lose (1,487)  from holding OSE All or give up 1.64% of portfolio value over 30 days.

Correlation Coefficient

Pair Corralation between Swiss Mrt and OSE All


Time Period1 Month [change]
ValuesDaily Returns


Poor diversification

Overlapping area represents the amount of risk that can be diversified away by holding Swiss Mrt and OSE All in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on OSE All and Swiss Mrt is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Swiss Mrt are associated (or correlated) with OSE All. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of OSE All has no effect on the direction of Swiss Mrt i.e. Swiss Mrt and OSE All go up and down completely randomly.

Comparative Volatility

 Predicted Return Density