This module allows you to analyze existing cross correlation between NQFI and OMX COPENHAGEN. You can compare the effects of market volatilities on NQFI and OMX COPENHAGEN 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 OMX COPENHAGEN. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and OMX COPENHAGEN.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 1.64 times more return on investment than OMX COPENHAGEN. However, NQFI is 1.64 times more volatile than OMX COPENHAGEN. It trades about 0.1 of its potential returns per unit of risk. OMX COPENHAGEN is currently generating about -0.14 per unit of risk. If you would invest 163,183 in NQFI on January 20, 2018 and sell it today you would earn a total of 4,776 from holding NQFI or generate 2.93% return on investment over 30 days.