This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and OMXRGI. You can compare the effects of market volatilities on EURONEXT BEL-20 and OMXRGI 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 OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and OMXRGI.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the OMXRGI. In addition to that, EURONEXT BEL-20 is 1.45 times more volatile than OMXRGI. It trades about -0.23 of its total potential returns per unit of risk. OMXRGI is currently generating about 0.18 per unit of volatility. If you would invest 102,042 in OMXRGI on October 24, 2017 and sell it today you would earn a total of 1,353 from holding OMXRGI or generate 1.33% return on investment over 30 days.