This module allows you to analyze existing cross correlation between OMX COPENHAGEN and Shanghai. You can compare the effects of market volatilities on OMX COPENHAGEN and Shanghai 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 Shanghai. See also your portfolio center. Please also check ongoing floating volatility patterns of OMX COPENHAGEN and Shanghai.
|Time Horizon||30 Days Login to change|
OMX COPENHAGEN vs. Shanghai
Assuming 30 trading days horizon, OMX COPENHAGEN is expected to generate 1.04 times more return on investment than Shanghai. However, OMX COPENHAGEN is 1.04 times more volatile than Shanghai. It trades about 0.2 of its potential returns per unit of risk. Shanghai is currently generating about 0.04 per unit of risk. If you would invest 134,018 in OMX COPENHAGEN on April 24, 2018 and sell it today you would earn a total of 4,931 from holding OMX COPENHAGEN or generate 3.68% return on investment over 30 days.