This module allows you to analyze existing cross correlation between Greece TR and NQPH. You can compare the effects of market volatilities on Greece TR and NQPH 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 NQPH. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and NQPH.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to generate 1.47 times more return on investment than NQPH. However, Greece TR is 1.47 times more volatile than NQPH. It trades about 0.03 of its potential returns per unit of risk. NQPH is currently generating about -0.3 per unit of risk. If you would invest 62,547 in Greece TR on January 19, 2018 and sell it today you would earn a total of 425.00 from holding Greece TR or generate 0.68% return on investment over 30 days.