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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 0.69 times more return on investment than OMXVGI. However, NQFI is 1.44 times less risky than OMXVGI. It trades about 0.12 of its potential returns per unit of risk. OMXVGI is currently generating about 0.04 per unit of risk. If you would invest 162,041 in NQFI on January 19, 2018 and sell it today you would earn a total of 5,918 from holding NQFI or generate 3.65% return on investment over 30 days.