This module allows you to analyze existing cross correlation between MSAD Insurance Group Holdings Inc and Otis Gold Corp. You can compare the effects of market volatilities on MSAD Insurance and Otis Gold 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 MSAD Insurance with a short position of Otis Gold. See also your portfolio center. Please also check ongoing floating volatility patterns of MSAD Insurance and Otis Gold.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MSAD Insurance Group Holdings Inc is expected to under-perform the Otis Gold. But the stock apears to be less risky and, when comparing its historical volatility, MSAD Insurance Group Holdings Inc is 2.24 times less risky than Otis Gold. The stock trades about -0.31 of its potential returns per unit of risk. The Otis Gold Corp is currently generating about -0.09 of returns per unit of risk over similar time horizon. If you would invest 19.00 in Otis Gold Corp on January 23, 2018 and sell it today you would lose (1.38) from holding Otis Gold Corp or give up 7.26% of portfolio value over 30 days.