|Horizon||30 Days Login to change|
EURONEXT BEL-20 vs. Bovespa
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the Bovespa. But the index apears to be less risky and, when comparing its historical volatility, EURONEXT BEL-20 is 2.5 times less risky than Bovespa. The index trades about -0.04 of its potential returns per unit of risk. The Bovespa is currently generating about 0.09 of returns per unit of risk over similar time horizon. If you would invest 7,690,230 in Bovespa on August 24, 2018 and sell it today you would earn a total of 254,199 from holding Bovespa or generate 3.31% return on investment over 30 days.
Pair Corralation between EURONEXT BEL-20 and Bovespa