This module allows you to analyze existing cross correlation between MerVal and NQFI. You can compare the effects of market volatilities on MerVal 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 MerVal with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and NQFI.
|Time Horizon||30 Days Login to change|
MerVal vs. NQFI
Assuming 30 trading days horizon, MerVal is expected to under-perform the NQFI. In addition to that, MerVal is 1.99 times more volatile than NQFI. It trades about -0.11 of its total potential returns per unit of risk. NQFI is currently generating about -0.1 per unit of volatility. If you would invest 165,682 in NQFI on May 19, 2018 and sell it today you would lose (4,397) from holding NQFI or give up 2.65% of portfolio value over 30 days.