This module allows you to analyze existing cross correlation between Stockholm and OMX COPENHAGEN. You can compare the effects of market volatilities on Stockholm 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 Stockholm with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to generate 0.65 times more return on investment than OMX COPENHAGEN. However, Stockholm is 1.55 times less risky than OMX COPENHAGEN. It trades about -0.22 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.23 per unit of risk. If you would invest 59,186 in Stockholm on October 21, 2017 and sell it today you would lose (1,450) from holding Stockholm or give up 2.45% of portfolio value over 30 days.