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.
|Time Horizon||30 Days Login to change|
Shanghai vs. OMXVGI
Assuming 30 trading days horizon, Shanghai is expected to under-perform the OMXVGI. In addition to that, Shanghai is 2.22 times more volatile than OMXVGI. It trades about -0.07 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.22 per unit of volatility. If you would invest 67,049 in OMXVGI on March 21, 2018 and sell it today you would earn a total of 3,556 from holding OMXVGI or generate 5.3% return on investment over 30 days.