This module allows you to analyze existing cross correlation between XU100 and OMXVGI. You can compare the effects of market volatilities on XU100 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 XU100 with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of XU100 and OMXVGI.
|Time Horizon||30 Days Login to change|
XU100 vs. OMXVGI
Assuming 30 trading days horizon, XU100 is expected to under-perform the OMXVGI. In addition to that, XU100 is 1.98 times more volatile than OMXVGI. It trades about -0.13 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.23 per unit of volatility. If you would invest 66,882 in OMXVGI on March 23, 2018 and sell it today you would earn a total of 3,738 from holding OMXVGI or generate 5.59% return on investment over 30 days.