This module allows you to analyze existing cross correlation between NQFI and Bursa Malaysia. You can compare the effects of market volatilities on NQFI and Bursa Malaysia 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 Bursa Malaysia. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and Bursa Malaysia.
|Time Horizon||30 Days Login to change|
NQFI vs. Bursa Malaysia
Assuming 30 trading days horizon, NQFI is expected to generate 0.6 times more return on investment than Bursa Malaysia. However, NQFI is 1.66 times less risky than Bursa Malaysia. It trades about -0.13 of its potential returns per unit of risk. Bursa Malaysia is currently generating about -0.25 per unit of risk. If you would invest 164,321 in NQFI on May 23, 2018 and sell it today you would lose (5,079) from holding NQFI or give up 3.09% of portfolio value over 30 days.