This module allows you to analyze existing cross correlation between NQEGT and DOW. You can compare the effects of market volatilities on NQEGT and DOW 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 DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and DOW.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to under-perform the DOW. In addition to that, NQEGT is 2.43 times more volatile than DOW. It trades about -0.08 of its total potential returns per unit of risk. DOW is currently generating about 0.05 per unit of volatility. If you would invest 2,327,396 in DOW on October 22, 2017 and sell it today you would earn a total of 8,428 from holding DOW or generate 0.36% return on investment over 30 days.