This module allows you to analyze existing cross correlation between Greece TR and NQFI. You can compare the effects of market volatilities on Greece TR and NQFI 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 Greece TR with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and NQFI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to generate 1.49 times more return on investment than NQFI. However, Greece TR is 1.49 times more volatile than NQFI. It trades about -0.07 of its potential returns per unit of risk. NQFI is currently generating about -0.22 per unit of risk. If you would invest 50,780 in Greece TR on October 25, 2017 and sell it today you would lose (1,224) from holding Greece TR or give up 2.41% of portfolio value over 30 days.