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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 0.98 times more return on investment than Nasdaq. However, NQFI is 1.02 times less risky than Nasdaq. It trades about 0.09 of its potential returns per unit of risk. Nasdaq is currently generating about -0.07 per unit of risk. If you would invest 163,183 in NQFI on January 22, 2018 and sell it today you would earn a total of 4,192 from holding NQFI or generate 2.57% return on investment over 30 days.