This module allows you to analyze existing cross correlation between OMXRGI and EURONEXT BEL-20. You can compare the effects of market volatilities on OMXRGI 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 OMXRGI with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
OMXRGI vs. EURONEXT BEL-20
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.29 times more return on investment than EURONEXT BEL-20. However, OMXRGI is 1.29 times more volatile than EURONEXT BEL-20. It trades about -0.05 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.17 per unit of risk. If you would invest 104,711 in OMXRGI on May 20, 2018 and sell it today you would lose (1,425) from holding OMXRGI or give up 1.36% of portfolio value over 30 days.