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.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 0.56 times more return on investment than EURONEXT BEL-20. However, NYSE is 1.78 times less risky than EURONEXT BEL-20. It trades about -0.09 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.23 per unit of risk. If you would invest 1,238,032 in NYSE on October 19, 2017 and sell it today you would lose (7,742) from holding NYSE or give up 0.63% of portfolio value over 30 days.