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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to generate 1.05 times more return on investment than OMX COPENHAGEN. However, Stockholm is 1.05 times more volatile than OMX COPENHAGEN. It trades about 0.41 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about 0.3 per unit of risk. If you would invest 57,330 in Stockholm on December 24, 2017 and sell it today you would earn a total of 1,896 from holding Stockholm or generate 3.31% return on investment over 30 days.