This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and S&P 500. You can compare the effects of market volatilities on EURONEXT BEL-20 and SP 500 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 SP 500. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and SP 500.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 1.2 times less return on investment than SP 500. In addition to that, EURONEXT BEL-20 is 1.06 times more volatile than S&P 500. It trades about 0.42 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.53 per unit of volatility. If you would invest 267,925 in S&P 500 on December 20, 2017 and sell it today you would earn a total of 11,878 from holding S&P 500 or generate 4.43% return on investment over 30 days.