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|
Given the investment horizon of 30 days, EURONEXT BEL-20 is expected to under-perform the Straits Tms. In addition to that, EURONEXT BEL-20 is 1.2 times more volatile than Straits Tms. It trades about -0.17 of its total potential returns per unit of risk. Straits Tms is currently generating about -0.13 per unit of volatility. If you would invest 357,262 in Straits Tms on January 25, 2018 and sell it today you would lose (8,416) from holding Straits Tms or give up 2.36% of portfolio value over 30 days.