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.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. OMX COPENHAGEN
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the OMX COPENHAGEN. In addition to that, Madrid Gnrl is 1.77 times more volatile than OMX COPENHAGEN. It trades about -0.08 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about 0.02 per unit of volatility. If you would invest 137,994 in OMX COPENHAGEN on May 24, 2018 and sell it today you would earn a total of 486.41 from holding OMX COPENHAGEN or generate 0.35% return on investment over 30 days.