Pair Correlation Between AEX Amsterdam and OSE All

This module allows you to analyze existing cross correlation between AEX Amsterdam and OSE All. You can compare the effects of market volatilities on AEX Amsterdam and OSE All 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 AEX Amsterdam with a short position of OSE All. See also your portfolio center. Please also check ongoing floating volatility patterns of AEX Amsterdam and OSE All.
 Time Horizon     30 Days    Login   to change

AEX Amsterdam  vs.  OSE All

 Performance (%) 

Pair Volatility

Given the investment horizon of 30 days, AEX Amsterdam is expected to generate 26.58 times more return on investment than OSE All. However, AEX Amsterdam is 26.58 times more volatile than OSE All. It trades about 0.13 of its potential returns per unit of risk. OSE All is currently generating about 0.12 per unit of risk. If you would invest  53,395  in AEX Amsterdam on March 23, 2018 and sell it today you would earn a total of  25,809  from holding AEX Amsterdam or generate 48.34% return on investment over 30 days.

Pair Corralation between AEX Amsterdam and OSE All

Time Period2 Months [change]
ValuesDaily Returns


Very weak diversification

Overlapping area represents the amount of risk that can be diversified away by holding AEX Amsterdam and OSE All in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on OSE All and AEX Amsterdam is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on AEX Amsterdam are associated (or correlated) with OSE All. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of OSE All has no effect on the direction of AEX Amsterdam i.e. AEX Amsterdam and OSE All go up and down completely randomly.

Comparative Volatility

 Predicted Return Density 

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