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.
|Time Horizon||30 Days Login to change|
MerVal vs. OMX COPENHAGEN
Assuming 30 trading days horizon, MerVal is expected to generate 1.31 times less return on investment than OMX COPENHAGEN. In addition to that, MerVal is 3.6 times more volatile than OMX COPENHAGEN. It trades about 0.05 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about 0.22 per unit of volatility. If you would invest 133,749 in OMX COPENHAGEN on April 22, 2018 and sell it today you would earn a total of 5,349 from holding OMX COPENHAGEN or generate 4.0% return on investment over 30 days.