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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to generate 0.91 times more return on investment than Stockholm. However, NQEGT is 1.1 times less risky than Stockholm. It trades about 0.02 of its potential returns per unit of risk. Stockholm is currently generating about -0.14 per unit of risk. If you would invest 115,664 in NQEGT on January 22, 2018 and sell it today you would earn a total of 305.00 from holding NQEGT or generate 0.26% return on investment over 30 days.