This module allows you to analyze existing cross correlation between Greece TR and EURONEXT BEL-20. You can compare the effects of market volatilities on Greece TR 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 Greece TR with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Greece TR vs. EURONEXT BEL-20
Assuming 30 trading days horizon, Greece TR is expected to generate 2.73 times more return on investment than EURONEXT BEL-20. However, Greece TR is 2.73 times more volatile than EURONEXT BEL-20. It trades about 0.15 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.11 per unit of risk. If you would invest 49,357 in Greece TR on May 26, 2018 and sell it today you would earn a total of 3,864 from holding Greece TR or generate 7.83% return on investment over 30 days.