This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and NQPH. You can compare the effects of market volatilities on EURONEXT BEL-20 and NQPH 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 NQPH. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and NQPH.
|Time Horizon||30 Days Login to change|
EURONEXT BEL-20 vs. NQPH
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 0.74 times more return on investment than NQPH. However, EURONEXT BEL-20 is 1.34 times less risky than NQPH. It trades about -0.02 of its potential returns per unit of risk. NQPH is currently generating about -0.21 per unit of risk. If you would invest 395,027 in EURONEXT BEL-20 on March 23, 2018 and sell it today you would lose (2,907) from holding EURONEXT BEL-20 or give up 0.74% of portfolio value over 30 days.