This module allows you to analyze existing cross correlation between OMX COPENHAGEN and CAC 40. You can compare the effects of market volatilities on OMX COPENHAGEN and CAC 40 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 CAC 40. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and CAC 40.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the CAC 40. In addition to that, OMX COPENHAGEN is 1.38 times more volatile than CAC 40. It trades about -0.2 of its total potential returns per unit of risk. CAC 40 is currently generating about 0.01 per unit of volatility. If you would invest 537,489 in CAC 40 on October 25, 2017 and sell it today you would earn a total of 465 from holding CAC 40 or generate 0.09% return on investment over 30 days.