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|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 1.26 times less return on investment than Seoul Comp. But when comparing it to its historical volatility, OMX COPENHAGEN is 1.4 times less risky than Seoul Comp. It trades about 0.3 of its potential returns per unit of risk. Seoul Comp is currently generating about 0.27 of returns per unit of risk over similar time horizon. If you would invest 242,734 in Seoul Comp on December 24, 2017 and sell it today you would earn a total of 7,477 from holding Seoul Comp or generate 3.08% return on investment over 30 days.