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|
OMX COPENHAGEN vs. SPTSX Comp
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the SPTSX Comp. In addition to that, OMX COPENHAGEN is 1.79 times more volatile than SPTSX Comp. It trades about 0.0 of its total potential returns per unit of risk. SPTSX Comp is currently generating about 0.26 per unit of volatility. If you would invest 1,603,772 in SPTSX Comp on May 26, 2018 and sell it today you would earn a total of 41,238 from holding SPTSX Comp or generate 2.57% return on investment over 30 days.