This module allows you to analyze existing cross correlation between MerVal and NQTH. You can compare the effects of market volatilities on MerVal and NQTH 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 NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and NQTH.
|Time Horizon||30 Days Login to change|
MerVal vs. NQTH
Assuming 30 trading days horizon, MerVal is expected to generate 2.77 times more return on investment than NQTH. However, MerVal is 2.77 times more volatile than NQTH. It trades about 0.06 of its potential returns per unit of risk. NQTH is currently generating about -0.32 per unit of risk. If you would invest 2,909,585 in MerVal on May 25, 2018 and sell it today you would earn a total of 111,476 from holding MerVal or generate 3.83% return on investment over 30 days.