This module allows you to analyze existing cross correlation between ATX and NQPH. You can compare the effects of market volatilities on ATX and NQPH 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 NQPH. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and NQPH.
|Time Horizon||30 Days Login to change|
ATX vs. NQPH
Given the investment horizon of 30 days, ATX is expected to generate 0.87 times more return on investment than NQPH. However, ATX is 1.15 times less risky than NQPH. It trades about 0.04 of its potential returns per unit of risk. NQPH is currently generating about -0.23 per unit of risk. If you would invest 340,296 in ATX on March 21, 2018 and sell it today you would earn a total of 4,579 from holding ATX or generate 1.35% return on investment over 30 days.