This module allows you to analyze existing cross correlation between NYSE and OMX COPENHAGEN. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 0.35 times more return on investment than OMX COPENHAGEN. However, NYSE is 2.84 times less risky than OMX COPENHAGEN. It trades about -0.08 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.21 per unit of risk. If you would invest 1,238,442 in NYSE on October 22, 2017 and sell it today you would lose (6,365) from holding NYSE or give up 0.51% of portfolio value over 30 days.