This module allows you to analyze existing cross correlation between OMX COPENHAGEN and DAX. You can compare the effects of market volatilities on OMX COPENHAGEN and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and DAX.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the DAX. In addition to that, OMX COPENHAGEN is 1.1 times more volatile than DAX. It trades about -0.21 of its total potential returns per unit of risk. DAX is currently generating about 0.08 per unit of volatility. If you would invest 1,300,314 in DAX on October 23, 2017 and sell it today you would earn a total of 16,440 from holding DAX or generate 1.26% return on investment over 30 days.