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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to generate 1.03 times more return on investment than NQEGT. However, Bovespa is 1.03 times more volatile than NQEGT. It trades about 0.52 of its potential returns per unit of risk. NQEGT is currently generating about 0.36 per unit of risk. If you would invest 7,570,773 in Bovespa on December 24, 2017 and sell it today you would earn a total of 551,177 from holding Bovespa or generate 7.28% return on investment over 30 days.