This module allows you to analyze existing cross correlation between Shanghai and EURONEXT BEL-20. You can compare the effects of market volatilities on Shanghai 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 Shanghai with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and EURONEXT BEL-20.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 0.78 times more return on investment than EURONEXT BEL-20. However, Shanghai is 1.29 times less risky than EURONEXT BEL-20. It trades about 0.04 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 338,070 in Shanghai on October 23, 2017 and sell it today you would earn a total of 1,170 from holding Shanghai or generate 0.35% return on investment over 30 days.