This module allows you to analyze existing cross correlation between NQFI and IBEX 35. You can compare the effects of market volatilities on NQFI and IBEX 35 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 IBEX 35. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and IBEX 35.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 1.38 times more return on investment than IBEX 35. However, NQFI is 1.38 times more volatile than IBEX 35. It trades about 0.12 of its potential returns per unit of risk. IBEX 35 is currently generating about -0.25 per unit of risk. If you would invest 162,041 in NQFI on January 19, 2018 and sell it today you would earn a total of 5,918 from holding NQFI or generate 3.65% return on investment over 30 days.