This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and NIKKEI 225. You can compare the effects of market volatilities on EURONEXT BEL-20 and NIKKEI 225 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 NIKKEI 225. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and NIKKEI 225.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 0.71 times more return on investment than NIKKEI 225. However, EURONEXT BEL-20 is 1.41 times less risky than NIKKEI 225. It trades about 0.0 of its potential returns per unit of risk. NIKKEI 225 is currently generating about -0.1 per unit of risk. If you would invest 392,246 in EURONEXT BEL-20 on February 18, 2018 and sell it today you would lose (182.01) from holding EURONEXT BEL-20 or give up 0.05% of portfolio value over 30 days.