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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to under-perform the OMXRGI. In addition to that, NQFI is 2.51 times more volatile than OMXRGI. It trades about -0.24 of its total potential returns per unit of risk. OMXRGI is currently generating about 0.3 per unit of volatility. If you would invest 101,196 in OMXRGI on October 22, 2017 and sell it today you would earn a total of 2,471 from holding OMXRGI or generate 2.44% return on investment over 30 days.