This module allows you to analyze existing cross correlation between Nasdaq and NQFI. You can compare the effects of market volatilities on Nasdaq 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 Nasdaq with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and NQFI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Nasdaq is expected to under-perform the NQFI. In addition to that, Nasdaq is 1.01 times more volatile than NQFI. It trades about -0.06 of its total potential returns per unit of risk. NQFI is currently generating about 0.1 per unit of volatility. If you would invest 163,183 in NQFI on January 20, 2018 and sell it today you would earn a total of 4,776 from holding NQFI or generate 2.93% return on investment over 30 days.