This module allows you to analyze existing cross correlation between CAC 40 and NQEGT. You can compare the effects of market volatilities on CAC 40 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 CAC 40 with a short position of NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of CAC 40 and NQEGT.
|Time Horizon||30 Days Login to change|
CAC 40 vs. NQEGT
Assuming 30 trading days horizon, CAC 40 is expected to under-perform the NQEGT. But the index apears to be less risky and, when comparing its historical volatility, CAC 40 is 1.3 times less risky than NQEGT. The index trades about -0.16 of its potential returns per unit of risk. The NQEGT is currently generating about -0.02 of returns per unit of risk over similar time horizon. If you would invest 128,452 in NQEGT on May 24, 2018 and sell it today you would lose (793.20) from holding NQEGT or give up 0.62% of portfolio value over 30 days.