Correlation Analysis Between NQFI and OSE All

This module allows you to analyze existing cross correlation between NQFI and OSE All. You can compare the effects of market volatilities on NQFI and OSE All 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 OSE All. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and OSE All.
Horizon     30 Days    Login   to change
Symbolsvs

NQFI  vs.  OSE All

 Performance (%) 
      Timeline 

Pair Volatility

If you would invest  102,669  in OSE All on August 25, 2018 and sell it today you would earn a total of  1,953  from holding OSE All or generate 1.9% return on investment over 30 days.

Pair Corralation between NQFI and OSE All

0.0
Time Period1 Month [change]
DirectionFlat 
StrengthInsignificant
Accuracy4.76%
ValuesDaily Returns

Diversification

Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding NQFI and OSE All in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on OSE All and NQFI is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on NQFI are associated (or correlated) with OSE All. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of OSE All has no effect on the direction of NQFI i.e. NQFI and OSE All go up and down completely randomly.
    Optimize

Comparative Volatility

My Equities

My Current Equities and Potential Positions

View AllNext
GOOG - USA Stock
Alphabet
Specialization
IT, Search Cloud And Integrated IT Services
Business Address1600 Amphitheatre Parkway
ExchangeNASDAQ
$1173.37

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
See also your portfolio center. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.


 
Search macroaxis.com