This module allows you to analyze existing cross correlation between ISEQ and NQEGT. You can compare the effects of market volatilities on ISEQ 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 ISEQ with a short position of NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of ISEQ and NQEGT.
|Time Horizon||30 Days Login to change|
ISEQ vs. NQEGT
Assuming 30 trading days horizon, ISEQ is expected to generate 0.49 times more return on investment than NQEGT. However, ISEQ is 2.03 times less risky than NQEGT. It trades about -0.14 of its potential returns per unit of risk. NQEGT is currently generating about -0.12 per unit of risk. If you would invest 718,125 in ISEQ on May 21, 2018 and sell it today you would lose (11,749) from holding ISEQ or give up 1.64% of portfolio value over 30 days.