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.
|Time Horizon||30 Days Login to change|
EURONEXT BEL-20 vs. OMX COPENHAGEN
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the OMX COPENHAGEN. In addition to that, EURONEXT BEL-20 is 1.23 times more volatile than OMX COPENHAGEN. It trades about -0.14 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.05 per unit of volatility. If you would invest 138,684 in OMX COPENHAGEN on May 19, 2018 and sell it today you would lose (1,221) from holding OMX COPENHAGEN or give up 0.88% of portfolio value over 30 days.