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|
Greece TR vs. NQPH
Assuming 30 trading days horizon, Greece TR is expected to generate 2.07 times more return on investment than NQPH. However, Greece TR is 2.07 times more volatile than NQPH. It trades about -0.04 of its potential returns per unit of risk. NQPH is currently generating about -0.21 per unit of risk. If you would invest 53,727 in Greece TR on May 21, 2018 and sell it today you would lose (1,562) from holding Greece TR or give up 2.91% of portfolio value over 30 days.