This module allows you to analyze existing cross correlation between NYSE and OMX COPENHAGEN. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 0.98 times more return on investment than OMX COPENHAGEN. However, NYSE is 1.02 times less risky than OMX COPENHAGEN. It trades about 0.68 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about 0.3 per unit of risk. If you would invest 1,280,890 in NYSE on December 24, 2017 and sell it today you would earn a total of 66,148 from holding NYSE or generate 5.16% return on investment over 30 days.