This module allows you to analyze existing cross correlation between NQPH and OMXVGI. You can compare the effects of market volatilities on NQPH and OMXVGI 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 OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NQPH and OMXVGI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQPH is expected to generate 2.62 times more return on investment than OMXVGI. However, NQPH is 2.62 times more volatile than OMXVGI. It trades about 0.16 of its potential returns per unit of risk. OMXVGI is currently generating about 0.0 per unit of risk. If you would invest 115,592 in NQPH on October 26, 2017 and sell it today you would earn a total of 3,166 from holding NQPH or generate 2.74% return on investment over 30 days.