This module allows you to analyze existing cross correlation between NQEGT and Stockholm. You can compare the effects of market volatilities on NQEGT and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and Stockholm.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to generate 1.57 times more return on investment than Stockholm. However, NQEGT is 1.57 times more volatile than Stockholm. It trades about -0.05 of its potential returns per unit of risk. Stockholm is currently generating about -0.11 per unit of risk. If you would invest 105,179 in NQEGT on October 23, 2017 and sell it today you would lose (1,044) from holding NQEGT or give up 0.99% of portfolio value over 30 days.