This module allows you to analyze existing cross correlation between OMX COPENHAGEN and OMXRGI. You can compare the effects of market volatilities on OMX COPENHAGEN and OMXRGI 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 OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and OMXRGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the OMXRGI. In addition to that, OMX COPENHAGEN is 1.84 times more volatile than OMXRGI. It trades about -0.2 of its total potential returns per unit of risk. OMXRGI is currently generating about 0.13 per unit of volatility. If you would invest 102,419 in OMXRGI on October 19, 2017 and sell it today you would earn a total of 1,248 from holding OMXRGI or generate 1.22% return on investment over 30 days.