This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and DAX. You can compare the effects of market volatilities on EURONEXT BEL-20 and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and DAX.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 0.97 times more return on investment than DAX. However, EURONEXT BEL-20 is 1.03 times less risky than DAX. It trades about -0.19 of its potential returns per unit of risk. DAX is currently generating about -0.27 per unit of risk. If you would invest 416,201 in EURONEXT BEL-20 on January 26, 2018 and sell it today you would lose (19,579) from holding EURONEXT BEL-20 or give up 4.7% of portfolio value over 30 days.