This module allows you to analyze existing cross correlation between NQFI and XU100. You can compare the effects of market volatilities on NQFI and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of NQFI and XU100.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQFI is expected to under-perform the XU100. But the index apears to be less risky and, when comparing its historical volatility, NQFI is 1.35 times less risky than XU100. The index trades about -0.21 of its potential returns per unit of risk. The XU100 is currently generating about -0.07 of returns per unit of risk over similar time horizon. If you would invest 10,843,355 in XU100 on October 19, 2017 and sell it today you would lose (219,409) from holding XU100 or give up 2.02% of portfolio value over 30 days.