This module allows you to analyze existing cross correlation between MerVal and OMX COPENHAGEN. You can compare the effects of market volatilities on MerVal 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 MerVal with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to generate 2.4888151190108912E14 times more return on investment than OMX COPENHAGEN. However, MerVal is 2.4888151190108912E14 times more volatile than OMX COPENHAGEN. It trades about 0.22 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.23 per unit of risk. If you would invest 2,778,260 in MerVal on October 21, 2017 and sell it today you would lose (65,410) from holding MerVal or give up 2.35% of portfolio value over 30 days.