This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and Hang Seng. You can compare the effects of market volatilities on EURONEXT BEL-20 and Hang Seng 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 Hang Seng. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and Hang Seng.
|Time Horizon||30 Days Login to change|
EURONEXT BEL-20 vs. Hang Seng
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 0.67 times more return on investment than Hang Seng. However, EURONEXT BEL-20 is 1.5 times less risky than Hang Seng. It trades about -0.17 of its potential returns per unit of risk. Hang Seng is currently generating about -0.16 per unit of risk. If you would invest 388,366 in EURONEXT BEL-20 on May 20, 2018 and sell it today you would lose (13,786) from holding EURONEXT BEL-20 or give up 3.55% of portfolio value over 30 days.