This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and AEX Amsterdam. You can compare the effects of market volatilities on EURONEXT BEL-20 and AEX Amsterdam 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 EURONEXT BEL-20 with a short position of AEX Amsterdam. See also your portfolio center
. Please also check ongoing floating volatility patterns of EURONEXT BEL-20
and AEX Amsterdam
EURONEXT BEL-20 vs AEX Amsterdam
If you would invest 0.00 in AEX Amsterdam on October 24, 2017 and sell it today you would earn a total of 0.00 from holding AEX Amsterdam or generate 0.0% return on investment over 30 days.
|Time Period||1 Month [change]|
Overlapping area represents the amount of risk that can be diversified away by holding EURONEXT BEL-20 and AEX Amsterdam in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on AEX Amsterdam and EURONEXT BEL-20 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 EURONEXT BEL-20 are associated (or correlated) with AEX Amsterdam. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of AEX Amsterdam has no effect on the direction of EURONEXT BEL-20 i.e. EURONEXT BEL-20 and AEX Amsterdam go up and down completely randomly.