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.
|Time Horizon||30 Days Login to change|
OMX COPENHAGEN vs. Hang Seng
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 0.51 times more return on investment than Hang Seng. However, OMX COPENHAGEN is 1.96 times less risky than Hang Seng. It trades about -0.05 of its potential returns per unit of risk. Hang Seng is currently generating about -0.04 per unit of risk. If you would invest 135,967 in OMX COPENHAGEN on March 26, 2018 and sell it today you would lose (1,949) from holding OMX COPENHAGEN or give up 1.43% of portfolio value over 30 days.