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.
|Time Horizon||30 Days Login to change|
OMX COPENHAGEN vs. CAC 40
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 1.01 times more return on investment than CAC 40. However, OMX COPENHAGEN is 1.01 times more volatile than CAC 40. It trades about -0.03 of its potential returns per unit of risk. CAC 40 is currently generating about -0.17 per unit of risk. If you would invest 139,337 in OMX COPENHAGEN on May 23, 2018 and sell it today you would lose (944.26) from holding OMX COPENHAGEN or give up 0.68% of portfolio value over 30 days.