This module allows you to analyze existing cross correlation between NQEGT and OMX COPENHAGEN. You can compare the effects of market volatilities on NQEGT and OMX COPENHAGEN 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 OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and OMX COPENHAGEN.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to generate 1.08 times more return on investment than OMX COPENHAGEN. However, NQEGT is 1.08 times more volatile than OMX COPENHAGEN. It trades about -0.08 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.21 per unit of risk. If you would invest 105,179 in NQEGT on October 22, 2017 and sell it today you would lose (1,508) from holding NQEGT or give up 1.43% of portfolio value over 30 days.