This module allows you to analyze existing cross correlation between OMX COPENHAGEN and All Ords. You can compare the effects of market volatilities on OMX COPENHAGEN and All Ords 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 OMX COPENHAGEN with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and All Ords.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 1.21 times more return on investment than All Ords. However, OMX COPENHAGEN is 1.21 times more volatile than All Ords. It trades about 0.3 of its potential returns per unit of risk. All Ords is currently generating about -0.16 per unit of risk. If you would invest 135,359 in OMX COPENHAGEN on December 24, 2017 and sell it today you would earn a total of 3,141 from holding OMX COPENHAGEN or generate 2.32% return on investment over 30 days.