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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Hang Seng is expected to generate 0.75 times more return on investment than OMX COPENHAGEN. However, Hang Seng is 1.34 times less risky than OMX COPENHAGEN. It trades about 0.25 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.23 per unit of risk. If you would invest 2,830,588 in Hang Seng on October 21, 2017 and sell it today you would earn a total of 89,316 from holding Hang Seng or generate 3.16% return on investment over 30 days.