This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Seoul Comp. You can compare the effects of market volatilities on OMX COPENHAGEN and Seoul 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 Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Seoul Comp.
|Time Horizon||30 Days Login to change|
OMX COPENHAGEN vs. Seoul Comp
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the Seoul Comp. But the index apears to be less risky and, when comparing its historical volatility, OMX COPENHAGEN is 1.69 times less risky than Seoul Comp. The index trades about -0.02 of its potential returns per unit of risk. The Seoul Comp is currently generating about 0.03 of returns per unit of risk over similar time horizon. If you would invest 242,965 in Seoul Comp on March 23, 2018 and sell it today you would earn a total of 3,691 from holding Seoul Comp or generate 1.52% return on investment over 30 days.