This module allows you to analyze existing cross correlation between OMX COPENHAGEN and NQEGT. You can compare the effects of market volatilities on OMX COPENHAGEN and NQEGT 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 NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and NQEGT.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the NQEGT. But the index apears to be less risky and, when comparing its historical volatility, OMX COPENHAGEN is 1.05 times less risky than NQEGT. The index trades about -0.23 of its potential returns per unit of risk. The NQEGT is currently generating about -0.02 of returns per unit of risk over similar time horizon. If you would invest 105,179 in NQEGT on October 21, 2017 and sell it today you would lose (375) from holding NQEGT or give up 0.36% of portfolio value over 30 days.