This module allows you to analyze existing cross correlation between NQPH and Bovespa. You can compare the effects of market volatilities on NQPH and Bovespa 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 Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of NQPH and Bovespa.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQPH is expected to under-perform the Bovespa. In addition to that, NQPH is 1.41 times more volatile than Bovespa. It trades about -0.23 of its total potential returns per unit of risk. Bovespa is currently generating about -0.06 per unit of volatility. If you would invest 8,605,182 in Bovespa on February 21, 2018 and sell it today you would lose (107,523) from holding Bovespa or give up 1.25% of portfolio value over 30 days.