This module allows you to analyze existing cross correlation between NIKKEI 225 and OMX COPENHAGEN. You can compare the effects of market volatilities on NIKKEI 225 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 NIKKEI 225 with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of NIKKEI 225 and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NIKKEI 225 is expected to generate 1.1 times more return on investment than OMX COPENHAGEN. However, NIKKEI 225 is 1.1 times more volatile than OMX COPENHAGEN. It trades about 0.14 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.21 per unit of risk. If you would invest 2,169,665 in NIKKEI 225 on October 23, 2017 and sell it today you would earn a total of 56,511 from holding NIKKEI 225 or generate 2.6% return on investment over 30 days.