This module allows you to analyze existing cross correlation between NQEGT and FTSE MIB. You can compare the effects of market volatilities on NQEGT and FTSE MIB 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 FTSE MIB. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and FTSE MIB.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to under-perform the FTSE MIB. In addition to that, NQEGT is 1.19 times more volatile than FTSE MIB. It trades about -0.05 of its total potential returns per unit of risk. FTSE MIB is currently generating about -0.01 per unit of volatility. If you would invest 2,237,916 in FTSE MIB on October 23, 2017 and sell it today you would lose (5,272) from holding FTSE MIB or give up 0.24% of portfolio value over 30 days.