This module allows you to analyze existing cross correlation between NYSE and EURONEXT BEL-20. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and EURONEXT BEL-20.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 4.51 times less return on investment than EURONEXT BEL-20. In addition to that, NYSE is 1.02 times more volatile than EURONEXT BEL-20. It trades about 0.01 of its total potential returns per unit of risk. EURONEXT BEL-20 is currently generating about 0.06 per unit of volatility. If you would invest 392,246 in EURONEXT BEL-20 on February 17, 2018 and sell it today you would earn a total of 3,909 from holding EURONEXT BEL-20 or generate 1.0% return on investment over 30 days.