This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Hang Seng. You can compare the effects of market volatilities on OMX COPENHAGEN and Hang Seng 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 Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Hang Seng.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the Hang Seng. In addition to that, OMX COPENHAGEN is 1.22 times more volatile than Hang Seng. It trades about -0.2 of its total potential returns per unit of risk. Hang Seng is currently generating about 0.26 per unit of volatility. If you would invest 2,815,909 in Hang Seng on October 19, 2017 and sell it today you would earn a total of 103,995 from holding Hang Seng or generate 3.69% return on investment over 30 days.