This module allows you to analyze existing cross correlation between NQFI and DOW. You can compare the effects of market volatilities on NQFI and DOW 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 DOW. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and DOW.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 0.91 times more return on investment than DOW. However, NQFI is 1.1 times less risky than DOW. It trades about 0.08 of its potential returns per unit of risk. DOW is currently generating about -0.12 per unit of risk. If you would invest 163,183 in NQFI on January 22, 2018 and sell it today you would earn a total of 3,813 from holding NQFI or generate 2.34% return on investment over 30 days.