This module allows you to analyze existing cross correlation between SPTSX Comp and EURONEXT BEL-20. You can compare the effects of market volatilities on SPTSX Comp 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 SPTSX Comp with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and EURONEXT BEL-20.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.54 times more return on investment than EURONEXT BEL-20. However, SPTSX Comp is 1.84 times less risky than EURONEXT BEL-20. It trades about 0.15 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.28 per unit of risk. If you would invest 1,585,576 in SPTSX Comp on October 22, 2017 and sell it today you would earn a total of 14,864 from holding SPTSX Comp or generate 0.94% return on investment over 30 days.