This module allows you to analyze existing cross correlation between NYSE and OMXVGI. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and OMXVGI.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to under-perform the OMXVGI. In addition to that, NYSE is 1.06 times more volatile than OMXVGI. It trades about -0.11 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.11 per unit of volatility. If you would invest 65,668 in OMXVGI on October 21, 2017 and sell it today you would earn a total of 372 from holding OMXVGI or generate 0.57% return on investment over 30 days.