This module allows you to analyze existing cross correlation between ATX and NQFI. You can compare the effects of market volatilities on ATX and NQFI 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 ATX with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and NQFI.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate 0.68 times more return on investment than NQFI. However, ATX is 1.47 times less risky than NQFI. It trades about -0.12 of its potential returns per unit of risk. NQFI is currently generating about -0.22 per unit of risk. If you would invest 336,338 in ATX on October 25, 2017 and sell it today you would lose (5,719) from holding ATX or give up 1.7% of portfolio value over 30 days.