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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to under-perform the EURONEXT BEL-20. In addition to that, OMXVGI is 1.56 times more volatile than EURONEXT BEL-20. It trades about -0.22 of its total potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.19 per unit of volatility. If you would invest 416,201 in EURONEXT BEL-20 on January 26, 2018 and sell it today you would lose (19,579) from holding EURONEXT BEL-20 or give up 4.7% of portfolio value over 30 days.