This module allows you to analyze existing cross correlation between Straits Tms and OMX COPENHAGEN. You can compare the effects of market volatilities on Straits Tms 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 Straits Tms with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Straits Tms is expected to generate 1.22 times more return on investment than OMX COPENHAGEN. However, Straits Tms is 1.22 times more volatile than OMX COPENHAGEN. It trades about 0.36 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about 0.24 per unit of risk. If you would invest 341,482 in Straits Tms on December 18, 2017 and sell it today you would earn a total of 10,574 from holding Straits Tms or generate 3.1% return on investment over 30 days.