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 2.32 times less return on investment than Bovespa. But when comparing it to its historical volatility, NQEGT is 1.26 times less risky than Bovespa. It trades about 0.33 of its potential returns per unit of risk. Bovespa is currently generating about 0.6 of returns per unit of risk over similar time horizon. If you would invest 7,311,545 in Bovespa on December 18, 2017 and sell it today you would earn a total of 807,371 from holding Bovespa or generate 11.04% return on investment over 30 days.