This module allows you to analyze existing cross correlation between OMXVGI and EURONEXT BEL-20. You can compare the effects of market volatilities on OMXVGI 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 OMXVGI with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and EURONEXT BEL-20.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to generate 0.51 times more return on investment than EURONEXT BEL-20. However, OMXVGI is 1.96 times less risky than EURONEXT BEL-20. It trades about 0.11 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.27 per unit of risk. If you would invest 65,668 in OMXVGI on October 23, 2017 and sell it today you would earn a total of 372 from holding OMXVGI or generate 0.57% return on investment over 30 days.