This module allows you to analyze existing cross correlation between OMX COPENHAGEN and SPTSX Comp. You can compare the effects of market volatilities on OMX COPENHAGEN and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and SPTSX Comp.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 1.23 times more return on investment than SPTSX Comp. However, OMX COPENHAGEN is 1.23 times more volatile than SPTSX Comp. It trades about -0.14 of its potential returns per unit of risk. SPTSX Comp is currently generating about -0.33 per unit of risk. If you would invest 138,500 in OMX COPENHAGEN on January 20, 2018 and sell it today you would lose (3,924) from holding OMX COPENHAGEN or give up 2.83% of portfolio value over 30 days.