This module allows you to analyze existing cross correlation between NQEGT and Bursa Malaysia. You can compare the effects of market volatilities on NQEGT and Bursa Malaysia 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 Bursa Malaysia. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and Bursa Malaysia.
|Time Horizon||30 Days Login to change|
NQEGT vs. Bursa Malaysia
Assuming 30 trading days horizon, NQEGT is expected to generate 0.58 times more return on investment than Bursa Malaysia. However, NQEGT is 1.73 times less risky than Bursa Malaysia. It trades about -0.09 of its potential returns per unit of risk. Bursa Malaysia is currently generating about -0.28 per unit of risk. If you would invest 129,194 in NQEGT on May 21, 2018 and sell it today you would lose (2,777) from holding NQEGT or give up 2.15% of portfolio value over 30 days.