This module allows you to analyze existing cross correlation between OMX COPENHAGEN and NYSE. You can compare the effects of market volatilities on OMX COPENHAGEN and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and NYSE.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the NYSE. In addition to that, OMX COPENHAGEN is 2.64 times more volatile than NYSE. It trades about -0.2 of its total potential returns per unit of risk. NYSE is currently generating about -0.09 per unit of volatility. If you would invest 1,238,032 in NYSE on October 19, 2017 and sell it today you would lose (7,742) from holding NYSE or give up 0.63% of portfolio value over 30 days.