This module allows you to analyze existing cross correlation between Hang Seng and EURONEXT BEL-20. You can compare the effects of market volatilities on Hang Seng 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 Hang Seng with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of Hang Seng and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Hang Seng vs. EURONEXT BEL-20
Given the investment horizon of 30 days, Hang Seng is expected to under-perform the EURONEXT BEL-20. In addition to that, Hang Seng is 1.53 times more volatile than EURONEXT BEL-20. It trades about -0.13 of its total potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.11 per unit of volatility. If you would invest 385,406 in EURONEXT BEL-20 on May 26, 2018 and sell it today you would lose (9,049) from holding EURONEXT BEL-20 or give up 2.35% of portfolio value over 30 days.