This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and Nasdaq. You can compare the effects of market volatilities on EURONEXT BEL-20 and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and Nasdaq.
|Time Horizon||30 Days Login to change|
EURONEXT BEL-20 vs. Nasdaq
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the Nasdaq. In addition to that, EURONEXT BEL-20 is 1.35 times more volatile than Nasdaq. It trades about -0.11 of its total potential returns per unit of risk. Nasdaq is currently generating about 0.23 per unit of volatility. If you would invest 743,385 in Nasdaq on May 25, 2018 and sell it today you would earn a total of 25,897 from holding Nasdaq or generate 3.48% return on investment over 30 days.