This module allows you to analyze existing cross correlation between NQEGT and DAX. You can compare the effects of market volatilities on NQEGT and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and DAX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to generate 1.12 times more return on investment than DAX. However, NQEGT is 1.12 times more volatile than DAX. It trades about 0.41 of its potential returns per unit of risk. DAX is currently generating about 0.13 per unit of risk. If you would invest 109,422 in NQEGT on December 20, 2017 and sell it today you would earn a total of 7,278 from holding NQEGT or generate 6.65% return on investment over 30 days.