This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Russell 2000 . You can compare the effects of market volatilities on OMX COPENHAGEN and Russell 2000 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 Russell 2000. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Russell 2000.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 0.72 times more return on investment than Russell 2000. However, OMX COPENHAGEN is 1.39 times less risky than Russell 2000. It trades about -0.06 of its potential returns per unit of risk. Russell 2000 is currently generating about -0.12 per unit of risk. If you would invest 137,781 in OMX COPENHAGEN on January 26, 2018 and sell it today you would lose (1,814) from holding OMX COPENHAGEN or give up 1.32% of portfolio value over 30 days.