This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and Seoul Comp. You can compare the effects of market volatilities on EURONEXT BEL-20 and Seoul 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 Seoul Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and Seoul Comp.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 1.57 times less return on investment than Seoul Comp. But when comparing it to its historical volatility, EURONEXT BEL-20 is 1.13 times less risky than Seoul Comp. It trades about 0.08 of its potential returns per unit of risk. Seoul Comp is currently generating about 0.11 of returns per unit of risk over similar time horizon. If you would invest 244,282 in Seoul Comp on February 15, 2018 and sell it today you would earn a total of 5,115 from holding Seoul Comp or generate 2.09% return on investment over 30 days.