This module allows you to analyze existing cross correlation between NZSE and OMX COPENHAGEN. You can compare the effects of market volatilities on NZSE 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 NZSE with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
NZSE vs. OMX COPENHAGEN
Assuming 30 trading days horizon, NZSE is expected to generate 0.92 times more return on investment than OMX COPENHAGEN. However, NZSE is 1.08 times less risky than OMX COPENHAGEN. It trades about -0.01 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.05 per unit of risk. If you would invest 831,577 in NZSE on March 24, 2018 and sell it today you would lose (4,236) from holding NZSE or give up 0.51% of portfolio value over 30 days.