This module allows you to analyze existing cross correlation between OMX COPENHAGEN and MerVal. You can compare the effects of market volatilities on OMX COPENHAGEN and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and MerVal.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 8.03 times less return on investment than MerVal. But when comparing it to its historical volatility, OMX COPENHAGEN is 3.25 times less risky than MerVal. It trades about 0.3 of its potential returns per unit of risk. MerVal is currently generating about 0.74 of returns per unit of risk over similar time horizon. If you would invest 2,770,671 in MerVal on December 19, 2017 and sell it today you would earn a total of 589,150 from holding MerVal or generate 21.26% return on investment over 30 days.