This module allows you to analyze existing cross correlation between NIKKEI 225 and NQEGT. You can compare the effects of market volatilities on NIKKEI 225 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 NIKKEI 225 with a short position of NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of NIKKEI 225 and NQEGT.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NIKKEI 225 is expected to under-perform the NQEGT. In addition to that, NIKKEI 225 is 1.51 times more volatile than NQEGT. It trades about -0.28 of its total potential returns per unit of risk. NQEGT is currently generating about 0.07 per unit of volatility. If you would invest 115,100 in NQEGT on January 24, 2018 and sell it today you would earn a total of 1,523 from holding NQEGT or generate 1.32% return on investment over 30 days.