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.
|Time 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 1.17 times more volatile than NZSE. It trades about -0.17 of its total potential returns per unit of risk. NZSE is currently generating about 0.01 per unit of volatility. If you would invest 831,945 in NZSE on January 25, 2018 and sell it today you would earn a total of 197.00 from holding NZSE or generate 0.02% return on investment over 30 days.