This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Madrid Gnrl. You can compare the effects of market volatilities on OMX COPENHAGEN and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Madrid Gnrl.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the Madrid Gnrl. In addition to that, OMX COPENHAGEN is 1.02 times more volatile than Madrid Gnrl. It trades about -0.24 of its total potential returns per unit of risk. Madrid Gnrl is currently generating about -0.15 per unit of volatility. If you would invest 104,332 in Madrid Gnrl on October 26, 2017 and sell it today you would lose (2,765) from holding Madrid Gnrl or give up 2.65% of portfolio value over 30 days.