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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to under-perform the IBEX 35. In addition to that, NQFI is 1.05 times more volatile than IBEX 35. It trades about -0.22 of its total potential returns per unit of risk. IBEX 35 is currently generating about -0.05 per unit of volatility. If you would invest 1,015,330 in IBEX 35 on October 25, 2017 and sell it today you would lose (12,050) from holding IBEX 35 or give up 1.19% of portfolio value over 30 days.