This module allows you to analyze existing cross correlation between All Ords and EURONEXT BEL-20. You can compare the effects of market volatilities on All Ords and EURONEXT BEL-20 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 All Ords with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
All Ords vs. EURONEXT BEL-20
Assuming 30 trading days horizon, All Ords is expected to under-perform the EURONEXT BEL-20. But the index apears to be less risky and, when comparing its historical volatility, All Ords is 1.17 times less risky than EURONEXT BEL-20. The index trades about -0.06 of its potential returns per unit of risk. The EURONEXT BEL-20 is currently generating about -0.04 of returns per unit of risk over similar time horizon. If you would invest 397,885 in EURONEXT BEL-20 on March 24, 2018 and sell it today you would lose (5,765) from holding EURONEXT BEL-20 or give up 1.45% of portfolio value over 30 days.