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.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 1.02 times more return on investment than OMXVGI. However, EURONEXT BEL-20 is 1.02 times more volatile than OMXVGI. It trades about 0.37 of its potential returns per unit of risk. OMXVGI is currently generating about 0.29 per unit of risk. If you would invest 402,465 in EURONEXT BEL-20 on December 18, 2017 and sell it today you would earn a total of 13,931 from holding EURONEXT BEL-20 or generate 3.46% return on investment over 30 days.