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|
Assuming 30 trading days horizon, ISEQ is expected to under-perform the NQEGT. But the index apears to be less risky and, when comparing its historical volatility, ISEQ is 1.18 times less risky than NQEGT. The index trades about -0.24 of its potential returns per unit of risk. The NQEGT is currently generating about 0.06 of returns per unit of risk over similar time horizon. If you would invest 115,281 in NQEGT on January 25, 2018 and sell it today you would earn a total of 1,342 from holding NQEGT or generate 1.16% return on investment over 30 days.