This module allows you to analyze existing cross correlation between Israel Index and OMX COPENHAGEN. You can compare the effects of market volatilities on Israel Index 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 Israel Index with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Israel Index and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Israel Index is expected to under-perform the OMX COPENHAGEN. In addition to that, Israel Index is 1.15 times more volatile than OMX COPENHAGEN. It trades about -0.15 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about 0.02 per unit of volatility. If you would invest 133,257 in OMX COPENHAGEN on February 19, 2018 and sell it today you would earn a total of 450.46 from holding OMX COPENHAGEN or generate 0.34% return on investment over 30 days.