This module allows you to analyze existing cross correlation between S&P 500 and NQTH. You can compare the effects of market volatilities on SP 500 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 SP 500 with a short position of NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of SP 500 and NQTH.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, S&P 500 is expected to under-perform the NQTH. In addition to that, SP 500 is 2.06 times more volatile than NQTH. It trades about -0.09 of its total potential returns per unit of risk. NQTH is currently generating about -0.04 per unit of volatility. If you would invest 126,219 in NQTH on January 25, 2018 and sell it today you would lose (896.00) from holding NQTH or give up 0.71% of portfolio value over 30 days.