This module allows you to analyze existing cross correlation between OMXRGI and OMX COPENHAGEN. You can compare the effects of market volatilities on OMXRGI and OMX COPENHAGEN 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 OMXRGI with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXRGI is expected to generate 0.53 times more return on investment than OMX COPENHAGEN. However, OMXRGI is 1.9 times less risky than OMX COPENHAGEN. It trades about 0.1 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.22 per unit of risk. If you would invest 102,249 in OMXRGI on October 18, 2017 and sell it today you would earn a total of 912 from holding OMXRGI or generate 0.89% return on investment over 30 days.