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|
Assuming 30 trading days horizon, Taiwan Wtd is expected to under-perform the OMX COPENHAGEN. In addition to that, Taiwan Wtd is 1.43 times more volatile than OMX COPENHAGEN. It trades about -0.3 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.14 per unit of volatility. If you would invest 138,500 in OMX COPENHAGEN on January 20, 2018 and sell it today you would lose (3,924) from holding OMX COPENHAGEN or give up 2.83% of portfolio value over 30 days.