This module allows you to analyze existing cross correlation between EURONEXT BEL-20 and Straits Tms. You can compare the effects of market volatilities on EURONEXT BEL-20 and Straits Tms 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 Straits Tms. See also your portfolio center. Please also check ongoing floating volatility patterns of EURONEXT BEL-20 and Straits Tms.
|Time Horizon||30 Days Login to change|
EURONEXT BEL-20 vs. Straits Tms
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to generate 0.86 times more return on investment than Straits Tms. However, EURONEXT BEL-20 is 1.16 times less risky than Straits Tms. It trades about -0.21 of its potential returns per unit of risk. Straits Tms is currently generating about -0.39 per unit of risk. If you would invest 388,718 in EURONEXT BEL-20 on May 23, 2018 and sell it today you would lose (15,964) from holding EURONEXT BEL-20 or give up 4.11% of portfolio value over 30 days.