This module allows you to analyze existing cross correlation between Hang Seng and OMX COPENHAGEN. You can compare the effects of market volatilities on Hang Seng 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 Hang Seng with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Hang Seng vs. OMX COPENHAGEN
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the OMX COPENHAGEN. In addition to that, Hang Seng is 1.87 times more volatile than OMX COPENHAGEN. It trades about -0.07 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.06 per unit of volatility. If you would invest 137,073 in OMX COPENHAGEN on March 28, 2018 and sell it today you would lose (2,719) from holding OMX COPENHAGEN or give up 1.98% of portfolio value over 30 days.