This module allows you to analyze existing cross correlation between NQPH and EURONEXT BEL-20. You can compare the effects of market volatilities on NQPH and EURONEXT BEL-20 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 NQPH with a short position of EURONEXT BEL-20. See also your portfolio center. Please also check ongoing floating volatility patterns of NQPH and EURONEXT BEL-20.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQPH is expected to generate 1.58 times more return on investment than EURONEXT BEL-20. However, NQPH is 1.58 times more volatile than EURONEXT BEL-20. It trades about 0.02 of its potential returns per unit of risk. EURONEXT BEL-20 is currently generating about -0.3 per unit of risk. If you would invest 117,238 in NQPH on October 21, 2017 and sell it today you would earn a total of 400 from holding NQPH or generate 0.34% return on investment over 30 days.