This module allows you to analyze existing cross correlation between OMXVGI and OMX COPENHAGEN. You can compare the effects of market volatilities on OMXVGI 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 OMXVGI with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 2.38 times more return on investment than OMX COPENHAGEN. However, OMXVGI is 2.38 times more volatile than OMX COPENHAGEN. It trades about 0.02 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.17 per unit of risk. If you would invest 66,776 in OMXVGI on January 22, 2018 and sell it today you would earn a total of 273.00 from holding OMXVGI or generate 0.41% return on investment over 30 days.