This module allows you to analyze existing cross correlation between NQEGT and NIKKEI 225. You can compare the effects of market volatilities on NQEGT and NIKKEI 225 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 NIKKEI 225. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and NIKKEI 225.
|Time Horizon||30 Days Login to change|
NQEGT vs. NIKKEI 225
Assuming 30 trading days horizon, NQEGT is expected to generate 0.83 times more return on investment than NIKKEI 225. However, NQEGT is 1.21 times less risky than NIKKEI 225. It trades about 0.49 of its potential returns per unit of risk. NIKKEI 225 is currently generating about 0.02 per unit of risk. If you would invest 116,959 in NQEGT on March 28, 2018 and sell it today you would earn a total of 25,659 from holding NQEGT or generate 21.94% return on investment over 30 days.