This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Stockholm. You can compare the effects of market volatilities on OMX COPENHAGEN and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Stockholm.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the Stockholm. In addition to that, OMX COPENHAGEN is 1.55 times more volatile than Stockholm. It trades about -0.22 of its total potential returns per unit of risk. Stockholm is currently generating about -0.24 per unit of volatility. If you would invest 59,332 in Stockholm on October 20, 2017 and sell it today you would lose (1,596) from holding Stockholm or give up 2.69% of portfolio value over 30 days.