This module allows you to analyze existing cross correlation between Madrid Gnrl and OMX COPENHAGEN. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 1.13 times more return on investment than OMX COPENHAGEN. However, Madrid Gnrl is 1.13 times more volatile than OMX COPENHAGEN. It trades about -0.06 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.21 per unit of risk. If you would invest 102,420 in Madrid Gnrl on October 23, 2017 and sell it today you would lose (1,301) from holding Madrid Gnrl or give up 1.27% of portfolio value over 30 days.