This module allows you to analyze existing cross correlation between NQEGT and XU100. You can compare the effects of market volatilities on NQEGT and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of NQEGT and XU100.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQEGT is expected to generate 1.35 times more return on investment than XU100. However, NQEGT is 1.35 times more volatile than XU100. It trades about 0.56 of its potential returns per unit of risk. XU100 is currently generating about -0.01 per unit of risk. If you would invest 116,623 in NQEGT on February 22, 2018 and sell it today you would earn a total of 13,826 from holding NQEGT or generate 11.86% return on investment over 30 days.