This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Taiwan Wtd. You can compare the effects of market volatilities on OMX COPENHAGEN and Taiwan Wtd 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 Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
OMX COPENHAGEN vs. Taiwan Wtd
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to under-perform the Taiwan Wtd. But the index apears to be less risky and, when comparing its historical volatility, OMX COPENHAGEN is 1.26 times less risky than Taiwan Wtd. The index trades about -0.02 of its potential returns per unit of risk. The Taiwan Wtd is currently generating about 0.02 of returns per unit of risk over similar time horizon. If you would invest 1,071,444 in Taiwan Wtd on March 23, 2018 and sell it today you would earn a total of 6,494 from holding Taiwan Wtd or generate 0.61% return on investment over 30 days.