This module allows you to analyze existing cross correlation between NQEGT and EURONEXT BEL-20. You can compare the effects of market volatilities on NQEGT 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 NQEGT with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to generate 0.99 times more return on investment than EURONEXT BEL-20. However, NQEGT is 1.01 times less risky than EURONEXT BEL-20. It trades about 0.0 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 115,664 in NQEGT on January 21, 2018 and sell it today you would lose (171.00) from holding NQEGT or give up 0.15% of portfolio value over 30 days.