This module allows you to analyze existing cross correlation between S&P 500 and OMX COPENHAGEN. You can compare the effects of market volatilities on SP 500 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 SP 500 with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of SP 500 and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
S&P 500 vs. OMX COPENHAGEN
Assuming 30 trading days horizon, S&P 500 is expected to under-perform the OMX COPENHAGEN. In addition to that, SP 500 is 2.19 times more volatile than OMX COPENHAGEN. It trades about -0.02 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.02 per unit of volatility. If you would invest 133,810 in OMX COPENHAGEN on March 23, 2018 and sell it today you would lose (906.69) from holding OMX COPENHAGEN or give up 0.68% of portfolio value over 30 days.