This module allows you to analyze existing cross correlation between OMX COPENHAGEN and OMXVGI. You can compare the effects of market volatilities on OMX COPENHAGEN and OMXVGI 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 OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and OMXVGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the OMXVGI. In addition to that, OMX COPENHAGEN is 3.03 times more volatile than OMXVGI. It trades about -0.21 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.11 per unit of volatility. If you would invest 65,668 in OMXVGI on October 22, 2017 and sell it today you would earn a total of 372 from holding OMXVGI or generate 0.57% return on investment over 30 days.