This module allows you to analyze existing cross correlation between ATX and NQTH. You can compare the effects of market volatilities on ATX and NQTH 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 NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and NQTH.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate about the same return on investment as NQTH.However, ATX is 1.08 times more volatile than NQTH. It trades about 0.49 of its potential returns per unit of risk. NQTH is currently producing about 0.53 per unit of risk. If you would invest 117,183 in NQTH on December 19, 2017 and sell it today you would earn a total of 8,215 from holding NQTH or generate 7.01% return on investment over 30 days.