This module allows you to analyze existing cross correlation between Taiwan Wtd and OMXVGI. You can compare the effects of market volatilities on Taiwan Wtd 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 Taiwan Wtd with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and OMXVGI.
|Time Horizon||30 Days Login to change|
Taiwan Wtd vs. OMXVGI
Assuming 30 trading days horizon, Taiwan Wtd is expected to under-perform the OMXVGI. In addition to that, Taiwan Wtd is 1.7 times more volatile than OMXVGI. It trades about -0.06 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.16 per unit of volatility. If you would invest 67,362 in OMXVGI on March 27, 2018 and sell it today you would earn a total of 2,635 from holding OMXVGI or generate 3.91% return on investment over 30 days.