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|
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 2.57 times less return on investment than Taiwan Wtd. But when comparing it to its historical volatility, OMX COPENHAGEN is 1.24 times less risky than Taiwan Wtd. It trades about 0.3 of its potential returns per unit of risk. Taiwan Wtd is currently generating about 0.63 of returns per unit of risk over similar time horizon. If you would invest 1,052,249 in Taiwan Wtd on December 24, 2017 and sell it today you would earn a total of 70,897 from holding Taiwan Wtd or generate 6.74% return on investment over 30 days.