This module allows you to analyze existing cross correlation between OMX COPENHAGEN and NQTH. You can compare the effects of market volatilities on OMX COPENHAGEN and NQTH 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 NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and NQTH.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the NQTH. In addition to that, OMX COPENHAGEN is 1.29 times more volatile than NQTH. It trades about -0.21 of its total potential returns per unit of risk. NQTH is currently generating about 0.25 per unit of volatility. If you would invest 112,403 in NQTH on October 23, 2017 and sell it today you would earn a total of 3,550 from holding NQTH or generate 3.16% return on investment over 30 days.