This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and NQEGT. You can compare the effects of market volatilities on EURONEXT BEL-20 and NQEGT 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 NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and NQEGT.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the NQEGT. But the index apears to be less risky and, when comparing its historical volatility, EURONEXT BEL-20 is 1.2 times less risky than NQEGT. The index trades about -0.2 of its potential returns per unit of risk. The NQEGT is currently generating about 0.56 of returns per unit of risk over similar time horizon. If you would invest 116,623 in NQEGT on February 22, 2018 and sell it today you would earn a total of 13,826 from holding NQEGT or generate 11.86% return on investment over 30 days.