This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and Stockholm. You can compare the effects of market volatilities on EURONEXT BEL-20 and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and Stockholm.
|Time Horizon||30 Days Login to change|
EURONEXT BEL-20 vs. Stockholm
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the Stockholm. But the index apears to be less risky and, when comparing its historical volatility, EURONEXT BEL-20 is 1.18 times less risky than Stockholm. The index trades about -0.04 of its potential returns per unit of risk. The Stockholm is currently generating about 0.02 of returns per unit of risk over similar time horizon. If you would invest 57,166 in Stockholm on March 24, 2018 and sell it today you would earn a total of 435.23 from holding Stockholm or generate 0.76% return on investment over 30 days.