This module allows you to analyze existing cross correlation between NQFI and DAX. You can compare the effects of market volatilities on NQFI and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and DAX.
|Time Horizon||30 Days Login to change|
NQFI vs. DAX
Assuming 30 trading days horizon, NQFI is expected to under-perform the DAX. In addition to that, NQFI is 1.01 times more volatile than DAX. It trades about -0.13 of its total potential returns per unit of risk. DAX is currently generating about -0.13 per unit of volatility. If you would invest 1,297,684 in DAX on May 23, 2018 and sell it today you would lose (39,712) from holding DAX or give up 3.06% of portfolio value over 30 days.