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.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQPH is expected to generate 0.61 times more return on investment than Bovespa. However, NQPH is 1.63 times less risky than Bovespa. It trades about -0.03 of its potential returns per unit of risk. Bovespa is currently generating about -0.13 per unit of risk. If you would invest 118,385 in NQPH on October 20, 2017 and sell it today you would lose (747) from holding NQPH or give up 0.63% of portfolio value over 30 days.