This module allows you to analyze existing cross correlation between Bovespa and NQFI. You can compare the effects of market volatilities on Bovespa 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 Bovespa with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and NQFI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to generate 1.51 times more return on investment than NQFI. However, Bovespa is 1.51 times more volatile than NQFI. It trades about -0.09 of its potential returns per unit of risk. NQFI is currently generating about -0.22 per unit of risk. If you would invest 7,667,114 in Bovespa on October 25, 2017 and sell it today you would lose (215,235) from holding Bovespa or give up 2.81% of portfolio value over 30 days.