This module allows you to analyze existing cross correlation between OMX COPENHAGEN and EURONEXT BEL-20. You can compare the effects of market volatilities on OMX COPENHAGEN and EURONEXT BEL-20 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 EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and EURONEXT BEL-20.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the EURONEXT BEL-20. In addition to that, OMX COPENHAGEN is 1.52 times more volatile than EURONEXT BEL-20. It trades about -0.2 of its total potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.15 per unit of volatility. If you would invest 404,850 in EURONEXT BEL-20 on October 25, 2017 and sell it today you would lose (7,031) from holding EURONEXT BEL-20 or give up 1.74% of portfolio value over 30 days.