This module allows you to analyze existing cross correlation between Greece TR and OMX COPENHAGEN. You can compare the effects of market volatilities on Greece TR 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 Greece TR with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to generate 1.83 times more return on investment than OMX COPENHAGEN. However, Greece TR is 1.83 times more volatile than OMX COPENHAGEN. It trades about -0.02 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.24 per unit of risk. If you would invest 50,492 in Greece TR on October 26, 2017 and sell it today you would lose (416) from holding Greece TR or give up 0.82% of portfolio value over 30 days.