This module allows you to analyze existing cross correlation between Shanghai and OMX COPENHAGEN. You can compare the effects of market volatilities on Shanghai 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 Shanghai with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Shanghai vs. OMX COPENHAGEN
Assuming 30 trading days horizon, Shanghai is expected to under-perform the OMX COPENHAGEN. In addition to that, Shanghai is 1.55 times more volatile than OMX COPENHAGEN. It trades about -0.32 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.09 per unit of volatility. If you would invest 138,684 in OMX COPENHAGEN on May 20, 2018 and sell it today you would lose (2,312) from holding OMX COPENHAGEN or give up 1.67% of portfolio value over 30 days.