This module allows you to analyze existing cross correlation between Shanghai and OMXVGI. You can compare the effects of market volatilities on Shanghai 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 Shanghai with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and OMXVGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 5.0 times less return on investment than OMXVGI. In addition to that, Shanghai is 1.55 times more volatile than OMXVGI. It trades about 0.02 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.12 per unit of volatility. If you would invest 65,596 in OMXVGI on October 20, 2017 and sell it today you would earn a total of 444 from holding OMXVGI or generate 0.68% return on investment over 30 days.