This module allows you to analyze existing cross correlation between Taiwan Wtd and OMXRGI. You can compare the effects of market volatilities on Taiwan Wtd 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 Taiwan Wtd with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and OMXRGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Taiwan Wtd is expected to under-perform the OMXRGI. But the index apears to be less risky and, when comparing its historical volatility, Taiwan Wtd is 1.38 times less risky than OMXRGI. The index trades about -0.13 of its potential returns per unit of risk. The OMXRGI is currently generating about 0.1 of returns per unit of risk over similar time horizon. If you would invest 102,249 in OMXRGI on October 18, 2017 and sell it today you would earn a total of 912 from holding OMXRGI or generate 0.89% return on investment over 30 days.