This module allows you to analyze existing cross correlation between NZSE and EURONEXT BEL-20. You can compare the effects of market volatilities on NZSE 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 NZSE with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NZSE is expected to generate 0.71 times more return on investment than EURONEXT BEL-20. However, NZSE is 1.41 times less risky than EURONEXT BEL-20. It trades about 0.34 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about 0.03 per unit of risk. If you would invest 812,531 in NZSE on February 16, 2018 and sell it today you would earn a total of 35,177 from holding NZSE or generate 4.33% return on investment over 30 days.