This module allows you to analyze existing cross correlation between OMX COPENHAGEN and NZSE. You can compare the effects of market volatilities on OMX COPENHAGEN and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and NZSE.
|Time Horizon||30 Days Login to change|
OMX COPENHAGEN vs. NZSE
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the NZSE. In addition to that, OMX COPENHAGEN is 1.4 times more volatile than NZSE. It trades about -0.04 of its total potential returns per unit of risk. NZSE is currently generating about 0.24 per unit of volatility. If you would invest 861,572 in NZSE on May 21, 2018 and sell it today you would earn a total of 29,007 from holding NZSE or generate 3.37% return on investment over 30 days.