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|
OMX COPENHAGEN vs. Russell 2000
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the Russell 2000. In addition to that, OMX COPENHAGEN is 1.3 times more volatile than Russell 2000 . It trades about -0.04 of its total potential returns per unit of risk. Russell 2000 is currently generating about 0.29 per unit of volatility. If you would invest 163,744 in Russell 2000 on May 21, 2018 and sell it today you would earn a total of 6,918 from holding Russell 2000 or generate 4.22% return on investment over 30 days.