This module allows you to analyze existing cross correlation between DAX and EURONEXT BEL-20. You can compare the effects of market volatilities on DAX and EURONEXT BEL-20 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 DAX with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of DAX and EURONEXT BEL-20.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, DAX is expected to generate 1.33 times more return on investment than EURONEXT BEL-20. However, DAX is 1.33 times more volatile than EURONEXT BEL-20. It trades about 0.03 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.27 per unit of risk. If you would invest 1,300,314 in DAX on October 23, 2017 and sell it today you would earn a total of 5,552 from holding DAX or generate 0.43% return on investment over 30 days.