This module allows you to analyze existing cross correlation between ATX and OMX COPENHAGEN. You can compare the effects of market volatilities on ATX and OMX COPENHAGEN 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 ATX with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate 1.68 times more return on investment than OMX COPENHAGEN. However, ATX is 1.68 times more volatile than OMX COPENHAGEN. It trades about 0.49 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about 0.2 per unit of risk. If you would invest 340,689 in ATX on December 17, 2017 and sell it today you would earn a total of 19,239 from holding ATX or generate 5.65% return on investment over 30 days.