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|
EURONEXT BEL-20 vs. ATX
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the ATX. But the index apears to be less risky and, when comparing its historical volatility, EURONEXT BEL-20 is 1.16 times less risky than ATX. The index trades about -0.01 of its potential returns per unit of risk. The ATX is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 340,296 in ATX on March 22, 2018 and sell it today you would earn a total of 7,215 from holding ATX or generate 2.12% return on investment over 30 days.