This module allows you to analyze existing cross correlation between NQEGT and MerVal. You can compare the effects of market volatilities on NQEGT and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and MerVal.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to generate 7.608787359226028E14 times less return on investment than MerVal. But when comparing it to its historical volatility, NQEGT is 2.223713135216278E14 times less risky than MerVal. It trades about 0.06 of its potential returns per unit of risk. MerVal is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest 2,680,455 in MerVal on October 19, 2017 and sell it today you would earn a total of 46,275 from holding MerVal or generate 1.73% return on investment over 30 days.