This module allows you to analyze existing cross correlation between NQEGT and NQTH. You can compare the effects of market volatilities on NQEGT and NQTH 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 NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and NQTH.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to under-perform the NQTH. In addition to that, NQEGT is 1.4 times more volatile than NQTH. It trades about -0.04 of its total potential returns per unit of risk. NQTH is currently generating about 0.22 per unit of volatility. If you would invest 112,910 in NQTH on October 24, 2017 and sell it today you would earn a total of 3,264 from holding NQTH or generate 2.89% return on investment over 30 days.