This module allows you to analyze existing cross correlation between NQPH and EURONEXT BEL-20. You can compare the effects of market volatilities on NQPH 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 NQPH with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of NQPH and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQPH is expected to generate 1.15 times less return on investment than EURONEXT BEL-20. In addition to that, NQPH is 1.72 times more volatile than EURONEXT BEL-20. It trades about 0.25 of its total potential returns per unit of risk. EURONEXT BEL-20 is currently generating about 0.5 per unit of volatility. If you would invest 400,307 in EURONEXT BEL-20 on December 24, 2017 and sell it today you would earn a total of 17,381 from holding EURONEXT BEL-20 or generate 4.34% return on investment over 30 days.