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|
Assuming 30 trading days horizon, S&P 500 is expected to generate 1.03 times more return on investment than OMX COPENHAGEN. However, SP 500 is 1.03 times more volatile than OMX COPENHAGEN. It trades about 0.62 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about 0.29 per unit of risk. If you would invest 268,050 in S&P 500 on December 23, 2017 and sell it today you would earn a total of 12,980 from holding S&P 500 or generate 4.84% return on investment over 30 days.