This module allows you to analyze existing cross correlation between OMX COPENHAGEN and IPC. You can compare the effects of market volatilities on OMX COPENHAGEN and IPC 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 IPC. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and IPC.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 1.06 times less return on investment than IPC. But when comparing it to its historical volatility, OMX COPENHAGEN is 1.76 times less risky than IPC. It trades about 0.27 of its potential returns per unit of risk. IPC is currently generating about 0.17 of returns per unit of risk over similar time horizon. If you would invest 4,863,454 in IPC on December 18, 2017 and sell it today you would earn a total of 109,776 from holding IPC or generate 2.26% return on investment over 30 days.