This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and OMX COPENHAGEN. You can compare the effects of market volatilities on EURONEXT BEL-20 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 EURONEXT BEL-20 with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 0.66 times more return on investment than OMX COPENHAGEN. However, EURONEXT BEL-20 is 1.51 times less risky than OMX COPENHAGEN. It trades about -0.27 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.21 per unit of risk. If you would invest 408,984 in EURONEXT BEL-20 on October 23, 2017 and sell it today you would lose (12,760) from holding EURONEXT BEL-20 or give up 3.12% of portfolio value over 30 days.