This module allows you to analyze existing cross correlation between NQFI and OMXVGI. You can compare the effects of market volatilities on NQFI and OMXVGI 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 OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and OMXVGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to under-perform the OMXVGI. In addition to that, NQFI is 3.1 times more volatile than OMXVGI. It trades about -0.22 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.03 per unit of volatility. If you would invest 65,728 in OMXVGI on October 25, 2017 and sell it today you would earn a total of 114 from holding OMXVGI or generate 0.17% return on investment over 30 days.