This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and OMXVGI. You can compare the effects of market volatilities on EURONEXT BEL-20 and OMXVGI 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 OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and OMXVGI.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the OMXVGI. In addition to that, EURONEXT BEL-20 is 2.04 times more volatile than OMXVGI. It trades about -0.23 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.1 per unit of volatility. If you would invest 65,680 in OMXVGI on October 19, 2017 and sell it today you would earn a total of 360 from holding OMXVGI or generate 0.55% return on investment over 30 days.