This module allows you to analyze existing cross correlation between NQFI and SPTSX Comp. You can compare the effects of market volatilities on NQFI and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and SPTSX Comp.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to under-perform the SPTSX Comp. In addition to that, NQFI is 3.31 times more volatile than SPTSX Comp. It trades about -0.24 of its total potential returns per unit of risk. SPTSX Comp is currently generating about 0.16 per unit of volatility. If you would invest 1,590,514 in SPTSX Comp on October 24, 2017 and sell it today you would earn a total of 16,844 from holding SPTSX Comp or generate 1.06% return on investment over 30 days.