This module allows you to analyze existing cross correlation between NQFI and Nasdaq. You can compare the effects of market volatilities on NQFI and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and Nasdaq.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to under-perform the Nasdaq. In addition to that, NQFI is 1.45 times more volatile than Nasdaq. It trades about -0.24 of its total potential returns per unit of risk. Nasdaq is currently generating about 0.28 per unit of volatility. If you would invest 658,683 in Nasdaq on October 23, 2017 and sell it today you would earn a total of 27,565 from holding Nasdaq or generate 4.18% return on investment over 30 days.