This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and ATX. You can compare the effects of market volatilities on EURONEXT BEL-20 and ATX 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 ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and ATX.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 1.68 times less return on investment than ATX. But when comparing it to its historical volatility, EURONEXT BEL-20 is 1.3 times less risky than ATX. It trades about 0.5 of its potential returns per unit of risk. ATX is currently generating about 0.65 of returns per unit of risk over similar time horizon. If you would invest 342,869 in ATX on December 24, 2017 and sell it today you would earn a total of 25,288 from holding ATX or generate 7.38% return on investment over 30 days.