This module allows you to analyze existing cross correlation between NQFI and NQEGT. You can compare the effects of market volatilities on NQFI and NQEGT 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 NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and NQEGT.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 0.64 times more return on investment than NQEGT. However, NQFI is 1.56 times less risky than NQEGT. It trades about 0.6 of its potential returns per unit of risk. NQEGT is currently generating about 0.36 per unit of risk. If you would invest 151,387 in NQFI on December 19, 2017 and sell it today you would earn a total of 9,010 from holding NQFI or generate 5.95% return on investment over 30 days.