This module allows you to analyze existing cross correlation between NQFI and Taiwan Wtd. You can compare the effects of market volatilities on NQFI and Taiwan Wtd 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 Taiwan Wtd. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and Taiwan Wtd.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to generate 1.1 times more return on investment than Taiwan Wtd. However, NQFI is 1.1 times more volatile than Taiwan Wtd. It trades about 0.08 of its potential returns per unit of risk. Taiwan Wtd is currently generating about -0.3 per unit of risk. If you would invest 163,183 in NQFI on January 22, 2018 and sell it today you would earn a total of 3,813 from holding NQFI or generate 2.34% return on investment over 30 days.