This module allows you to analyze existing cross correlation between Straits Tms and OMXRGI. You can compare the effects of market volatilities on Straits Tms 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 Straits Tms with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and OMXRGI.
|Time Horizon||30 Days Login to change|
Straits Tms vs. OMXRGI
Given the investment horizon of 30 days, Straits Tms is expected to generate 1.63 times less return on investment than OMXRGI. In addition to that, Straits Tms is 1.06 times more volatile than OMXRGI. It trades about 0.04 of its total potential returns per unit of risk. OMXRGI is currently generating about 0.08 per unit of volatility. 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.