This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Nasdaq. You can compare the effects of market volatilities on OMX COPENHAGEN and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Nasdaq.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the Nasdaq. In addition to that, OMX COPENHAGEN is 1.21 times more volatile than Nasdaq. It trades about -0.2 of its total potential returns per unit of risk. Nasdaq is currently generating about 0.33 per unit of volatility. If you would invest 656,389 in Nasdaq on October 25, 2017 and sell it today you would earn a total of 30,347 from holding Nasdaq or generate 4.62% return on investment over 30 days.