This module allows you to analyze existing cross correlation between Shanghai and OMXRGI. You can compare the effects of market volatilities on Shanghai 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 Shanghai with a short position of OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and OMXRGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 6.68 times less return on investment than OMXRGI. In addition to that, Shanghai is 1.09 times more volatile than OMXRGI. It trades about 0.04 of its total potential returns per unit of risk. OMXRGI is currently generating about 0.3 per unit of volatility. If you would invest 101,196 in OMXRGI on October 23, 2017 and sell it today you would earn a total of 2,471 from holding OMXRGI or generate 2.44% return on investment over 30 days.