This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and NYSE. You can compare the effects of market volatilities on EURONEXT BEL-20 and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and NYSE.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the NYSE. In addition to that, EURONEXT BEL-20 is 1.88 times more volatile than NYSE. It trades about -0.3 of its total potential returns per unit of risk. NYSE is currently generating about -0.11 per unit of volatility. If you would invest 1,238,442 in NYSE on October 21, 2017 and sell it today you would lose (8,152) from holding NYSE or give up 0.66% of portfolio value over 30 days.