This module allows you to analyze existing cross correlation between NQEGT and OMXVGI. You can compare the effects of market volatilities on NQEGT and OMXVGI 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 OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and OMXVGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to under-perform the OMXVGI. In addition to that, NQEGT is 2.86 times more volatile than OMXVGI. It trades about -0.04 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.06 per unit of volatility. If you would invest 65,570 in OMXVGI on October 24, 2017 and sell it today you would earn a total of 272 from holding OMXVGI or generate 0.41% return on investment over 30 days.