This module allows you to analyze existing cross correlation between OMX COPENHAGEN and ATX. You can compare the effects of market volatilities on OMX COPENHAGEN and ATX 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 ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and ATX.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the ATX. In addition to that, OMX COPENHAGEN is 1.4 times more volatile than ATX. It trades about -0.24 of its total potential returns per unit of risk. ATX is currently generating about -0.22 per unit of volatility. If you would invest 341,538 in ATX on October 26, 2017 and sell it today you would lose (8,690) from holding ATX or give up 2.54% of portfolio value over 30 days.