This module allows you to analyze existing cross correlation between CAC 40 and NQTH. You can compare the effects of market volatilities on CAC 40 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 CAC 40 with a short position of NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of CAC 40 and NQTH.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, CAC 40 is expected to generate 19.52 times less return on investment than NQTH. But when comparing it to its historical volatility, CAC 40 is 1.1 times less risky than NQTH. It trades about 0.01 of its potential returns per unit of risk. NQTH is currently generating about 0.16 of returns per unit of risk over similar time horizon. If you would invest 113,248 in NQTH on October 25, 2017 and sell it today you would earn a total of 2,510 from holding NQTH or generate 2.22% return on investment over 30 days.