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.
|Time Horizon||30 Days Login to change|
OMX COPENHAGEN vs. EURONEXT BEL-20
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 0.9 times more return on investment than EURONEXT BEL-20. However, OMX COPENHAGEN is 1.11 times less risky than EURONEXT BEL-20. It trades about -0.05 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.17 per unit of risk. If you would invest 138,684 in OMX COPENHAGEN on May 21, 2018 and sell it today you would lose (1,396) from holding OMX COPENHAGEN or give up 1.01% of portfolio value over 30 days.