This module allows you to analyze existing cross correlation between NQFI and Madrid Gnrl. You can compare the effects of market volatilities on NQFI and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 0.62 times more return on investment than Madrid Gnrl. However, NQFI is 1.62 times less risky than Madrid Gnrl. It trades about 0.68 of its potential returns per unit of risk. Madrid Gnrl is currently generating about 0.19 per unit of risk. If you would invest 152,100 in NQFI on December 21, 2017 and sell it today you would earn a total of 9,941 from holding NQFI or generate 6.54% return on investment over 30 days.