This module allows you to analyze existing cross correlation between DOW and OMXVGI. You can compare the effects of market volatilities on DOW 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 DOW with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and OMXVGI.
|Time Horizon||30 Days Login to change|
DOW vs. OMXVGI
Given the investment horizon of 30 days, DOW is expected to under-perform the OMXVGI. In addition to that, DOW is 3.06 times more volatile than OMXVGI. It trades about -0.03 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.01 per unit of volatility. If you would invest 71,130 in OMXVGI on May 25, 2018 and sell it today you would earn a total of 56.73 from holding OMXVGI or generate 0.08% return on investment over 30 days.