This module allows you to analyze existing cross correlation between S&P 500 and NQFI. You can compare the effects of market volatilities on SP 500 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 SP 500 with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of SP 500 and NQFI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.38 times more return on investment than NQFI. However, S&P 500 is 2.61 times less risky than NQFI. It trades about 0.08 of its potential returns per unit of risk. NQFI is currently generating about -0.21 per unit of risk. If you would invest 256,210 in S&P 500 on October 19, 2017 and sell it today you would earn a total of 1,675 from holding S&P 500 or generate 0.65% return on investment over 30 days.