This module allows you to analyze existing cross correlation between NQEGT and Madrid Gnrl. You can compare the effects of market volatilities on NQEGT and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
NQEGT vs. Madrid Gnrl
Assuming 30 trading days horizon, NQEGT is expected to generate 1.16 times more return on investment than Madrid Gnrl. However, NQEGT is 1.16 times more volatile than Madrid Gnrl. It trades about 0.45 of its potential returns per unit of risk. Madrid Gnrl is currently generating about 0.02 per unit of risk. If you would invest 116,623 in NQEGT on March 25, 2018 and sell it today you would earn a total of 21,888 from holding NQEGT or generate 18.77% return on investment over 30 days.