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.
|Time Horizon||30 Days Login to change|
OMX COPENHAGEN vs. Madrid Gnrl
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 0.6 times more return on investment than Madrid Gnrl. However, OMX COPENHAGEN is 1.66 times less risky than Madrid Gnrl. It trades about -0.04 of its potential returns per unit of risk. Madrid Gnrl is currently generating about -0.15 per unit of risk. If you would invest 139,639 in OMX COPENHAGEN on May 22, 2018 and sell it today you would lose (1,093) from holding OMX COPENHAGEN or give up 0.78% of portfolio value over 30 days.