This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Israel Index. You can compare the effects of market volatilities on OMX COPENHAGEN and Israel Index 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 Israel Index. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Israel Index.
|Time Horizon||30 Days Login to change|
OMX COPENHAGEN vs. Israel Index
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the Israel Index. But the index apears to be less risky and, when comparing its historical volatility, OMX COPENHAGEN is 1.26 times less risky than Israel Index. The index trades about 0.0 of its potential returns per unit of risk. The Israel Index is currently generating about 0.06 of returns per unit of risk over similar time horizon. If you would invest 108,035 in Israel Index on May 25, 2018 and sell it today you would earn a total of 1,425 from holding Israel Index or generate 1.32% return on investment over 30 days.