This module allows you to analyze existing cross correlation between NQFI and EURONEXT BEL-20. You can compare the effects of market volatilities on NQFI 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 NQFI with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 0.93 times more return on investment than EURONEXT BEL-20. However, NQFI is 1.08 times less risky than EURONEXT BEL-20. It trades about 0.57 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about 0.37 per unit of risk. If you would invest 151,461 in NQFI on December 18, 2017 and sell it today you would earn a total of 8,571 from holding NQFI or generate 5.66% return on investment over 30 days.