This module allows you to analyze existing cross correlation between Stockholm and EURONEXT BEL-20. You can compare the effects of market volatilities on Stockholm 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 Stockholm with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to generate 1.01 times more return on investment than EURONEXT BEL-20. However, Stockholm is 1.01 times more volatile than EURONEXT BEL-20. It trades about -0.09 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.19 per unit of risk. If you would invest 58,549 in Stockholm on January 26, 2018 and sell it today you would lose (1,304) from holding Stockholm or give up 2.23% of portfolio value over 30 days.