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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to generate 0.78 times more return on investment than MerVal. However, NQEGT is 1.29 times less risky than MerVal. It trades about 0.57 of its potential returns per unit of risk. MerVal is currently generating about -0.11 per unit of risk. If you would invest 115,969 in NQEGT on February 21, 2018 and sell it today you would earn a total of 14,480 from holding NQEGT or generate 12.49% return on investment over 30 days.