This module allows you to analyze existing cross correlation between NQFI and ATX. You can compare the effects of market volatilities on NQFI and ATX 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 NQFI with a short position of ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and ATX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 1.17 times less return on investment than ATX. But when comparing it to its historical volatility, NQFI is 1.42 times less risky than ATX. It trades about 0.65 of its potential returns per unit of risk. ATX is currently generating about 0.54 of returns per unit of risk over similar time horizon. If you would invest 340,881 in ATX on December 20, 2017 and sell it today you would earn a total of 21,953 from holding ATX or generate 6.44% return on investment over 30 days.