This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and NZSE. You can compare the effects of market volatilities on EURONEXT BEL-20 and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and NZSE.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the NZSE. In addition to that, EURONEXT BEL-20 is 1.3 times more volatile than NZSE. It trades about -0.28 of its total potential returns per unit of risk. NZSE is currently generating about -0.07 per unit of volatility. If you would invest 813,010 in NZSE on October 22, 2017 and sell it today you would lose (4,961) from holding NZSE or give up 0.61% of portfolio value over 30 days.