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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Nasdaq is expected to generate 0.68 times more return on investment than NQFI. However, Nasdaq is 1.47 times less risky than NQFI. It trades about 0.33 of its potential returns per unit of risk. NQFI is currently generating about -0.22 per unit of risk. If you would invest 656,389 in Nasdaq on October 25, 2017 and sell it today you would earn a total of 30,347 from holding Nasdaq or generate 4.62% return on investment over 30 days.