This module allows you to analyze existing cross correlation between Nasdaq and EURONEXT BEL-20. You can compare the effects of market volatilities on Nasdaq 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 Nasdaq with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Nasdaq vs. EURONEXT BEL-20
Assuming 30 trading days horizon, Nasdaq is expected to generate 0.06 times more return on investment than EURONEXT BEL-20. However, Nasdaq is 17.34 times less risky than EURONEXT BEL-20. It trades about -0.71 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.14 per unit of risk. If you would invest 774,638 in Nasdaq on May 19, 2018 and sell it today you would lose (445.69) from holding Nasdaq or give up 0.06% of portfolio value over 30 days.