This module allows you to analyze existing cross correlation between IBEX 35 and NQFI. You can compare the effects of market volatilities on IBEX 35 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 IBEX 35 with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of IBEX 35 and NQFI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, IBEX 35 is expected to under-perform the NQFI. But the index apears to be less risky and, when comparing its historical volatility, IBEX 35 is 1.38 times less risky than NQFI. The index trades about -0.25 of its potential returns per unit of risk. The NQFI is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 162,041 in NQFI on January 19, 2018 and sell it today you would earn a total of 5,918 from holding NQFI or generate 3.65% return on investment over 30 days.