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|
Assuming 30 trading days horizon, NZSE is expected to under-perform the OMX COPENHAGEN. In addition to that, NZSE is 1.13 times more volatile than OMX COPENHAGEN. It trades about -0.18 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about 0.36 per unit of volatility. If you would invest 134,519 in OMX COPENHAGEN on December 21, 2017 and sell it today you would earn a total of 3,727 from holding OMX COPENHAGEN or generate 2.77% return on investment over 30 days.