This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Bovespa. You can compare the effects of market volatilities on OMX COPENHAGEN and Bovespa 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 Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Bovespa.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 0.6 times more return on investment than Bovespa. However, OMX COPENHAGEN is 1.67 times less risky than Bovespa. It trades about -0.22 of its potential returns per unit of risk. Bovespa is currently generating about -0.18 per unit of risk. If you would invest 138,877 in OMX COPENHAGEN on October 18, 2017 and sell it today you would lose (5,428) from holding OMX COPENHAGEN or give up 3.91% of portfolio value over 30 days.