This module allows you to analyze existing cross correlation between NQFI and OMXRGI. You can compare the effects of market volatilities on NQFI and OMXRGI 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 OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and OMXRGI.
|Time Horizon||30 Days Login to change|
NQFI vs. OMXRGI
Assuming 30 trading days horizon, NQFI is expected to under-perform the OMXRGI. But the index apears to be less risky and, when comparing its historical volatility, NQFI is 1.02 times less risky than OMXRGI. The index trades about -0.14 of its potential returns per unit of risk. The OMXRGI is currently generating about -0.05 of returns per unit of risk over similar time horizon. If you would invest 104,711 in OMXRGI on May 20, 2018 and sell it today you would lose (1,425) from holding OMXRGI or give up 1.36% of portfolio value over 30 days.