This module allows you to analyze existing cross correlation between Straits Tms and OMXVGI. You can compare the effects of market volatilities on Straits Tms 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 Straits Tms with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and OMXVGI.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Straits Tms is expected to generate 0.96 times more return on investment than OMXVGI. However, Straits Tms is 1.04 times less risky than OMXVGI. It trades about 0.42 of its potential returns per unit of risk. OMXVGI is currently generating about 0.22 per unit of risk. If you would invest 340,447 in Straits Tms on December 19, 2017 and sell it today you would earn a total of 11,609 from holding Straits Tms or generate 3.41% return on investment over 30 days.