This module allows you to analyze existing cross correlation between Jakarta Comp and OMX COPENHAGEN. You can compare the effects of market volatilities on Jakarta Comp 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 Jakarta Comp with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Jakarta Comp and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Jakarta Comp is expected to generate 0.57 times more return on investment than OMX COPENHAGEN. However, Jakarta Comp is 1.75 times less risky than OMX COPENHAGEN. It trades about 0.21 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.22 per unit of risk. If you would invest 592,955 in Jakarta Comp on October 20, 2017 and sell it today you would earn a total of 12,218 from holding Jakarta Comp or generate 2.06% return on investment over 30 days.