This module allows you to analyze existing cross correlation between NQPH and OMXRGI. You can compare the effects of market volatilities on NQPH and OMXRGI 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 OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NQPH and OMXRGI.
|Time Horizon||30 Days Login to change|
NQPH vs. OMXRGI
Assuming 30 trading days horizon, NQPH is expected to under-perform the OMXRGI. In addition to that, NQPH is 1.1 times more volatile than OMXRGI. It trades about -0.23 of its total potential returns per unit of risk. OMXRGI is currently generating about 0.07 per unit of volatility. If you would invest 102,425 in OMXRGI on March 22, 2018 and sell it today you would earn a total of 2,728 from holding OMXRGI or generate 2.66% return on investment over 30 days.