This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and SPTSX Comp. You can compare the effects of market volatilities on EURONEXT BEL-20 and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and SPTSX Comp.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the SPTSX Comp. In addition to that, EURONEXT BEL-20 is 1.28 times more volatile than SPTSX Comp. It trades about -0.17 of its total potential returns per unit of risk. SPTSX Comp is currently generating about -0.2 per unit of volatility. If you would invest 1,620,400 in SPTSX Comp on January 25, 2018 and sell it today you would lose (56,555) from holding SPTSX Comp or give up 3.49% of portfolio value over 30 days.