This module allows you to analyze existing cross correlation between XU100 and OMX COPENHAGEN. You can compare the effects of market volatilities on XU100 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 XU100 with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of XU100 and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
XU100 vs. OMX COPENHAGEN
Assuming 30 trading days horizon, XU100 is expected to under-perform the OMX COPENHAGEN. In addition to that, XU100 is 2.74 times more volatile than OMX COPENHAGEN. It trades about -0.14 of its total potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.04 per unit of volatility. If you would invest 138,684 in OMX COPENHAGEN on May 21, 2018 and sell it today you would lose (1,098) from holding OMX COPENHAGEN or give up 0.79% of portfolio value over 30 days.