This module allows you to analyze existing cross correlation between Bovespa and NQEGT. You can compare the effects of market volatilities on Bovespa and NQEGT 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 Bovespa with a short position of NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and NQEGT.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to under-perform the NQEGT. In addition to that, Bovespa is 1.65 times more volatile than NQEGT. It trades about -0.09 of its total potential returns per unit of risk. NQEGT is currently generating about -0.02 per unit of volatility. If you would invest 105,179 in NQEGT on October 21, 2017 and sell it today you would lose (375) from holding NQEGT or give up 0.36% of portfolio value over 30 days.