This module allows you to analyze existing cross correlation between NQEGT and Bovespa. You can compare the effects of market volatilities on NQEGT and Bovespa 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 NQEGT with a short position of Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and Bovespa.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to generate 1.25 times more return on investment than Bovespa. However, NQEGT is 1.25 times more volatile than Bovespa. It trades about 0.65 of its potential returns per unit of risk. Bovespa is currently generating about 0.01 per unit of risk. If you would invest 115,493 in NQEGT on February 18, 2018 and sell it today you would earn a total of 15,536 from holding NQEGT or generate 13.45% return on investment over 30 days.