This module allows you to analyze existing cross correlation between Nasdaq and OMX COPENHAGEN. You can compare the effects of market volatilities on Nasdaq 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 Nasdaq with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Nasdaq vs. OMX COPENHAGEN
Assuming 30 trading days horizon, Nasdaq is expected to generate 0.0 times more return on investment than OMX COPENHAGEN. However, Nasdaq is 5870.0 times less risky than OMX COPENHAGEN. It trades about 1.0 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.08 per unit of risk. If you would invest 774,702 in Nasdaq on May 20, 2018 and sell it today you would earn a total of 0.50 from holding Nasdaq or generate 0.0% return on investment over 30 days.