This module allows you to analyze existing cross correlation between Taiwan Wtd and OMX COPENHAGEN. You can compare the effects of market volatilities on Taiwan Wtd 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 Taiwan Wtd with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Taiwan Wtd vs. OMX COPENHAGEN
Assuming 30 trading days horizon, Taiwan Wtd is expected to under-perform the OMX COPENHAGEN. But the index apears to be less risky and, when comparing its historical volatility, Taiwan Wtd is 2.27 times less risky than OMX COPENHAGEN. The index trades about -0.71 of its potential returns per unit of risk. The OMX COPENHAGEN is currently generating about -0.04 of returns per unit of risk over similar time horizon. If you would invest 139,639 in OMX COPENHAGEN on May 22, 2018 and sell it today you would lose (1,093) from holding OMX COPENHAGEN or give up 0.78% of portfolio value over 30 days.