This module allows you to analyze existing cross correlation between NQPH and Russell 2000 . You can compare the effects of market volatilities on NQPH and Russell 2000 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 Russell 2000. See also your portfolio center. Please also check ongoing floating volatility patterns of NQPH and Russell 2000.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQPH is expected to generate 1.21 times more return on investment than Russell 2000. However, NQPH is 1.21 times more volatile than Russell 2000 . It trades about 0.1 of its potential returns per unit of risk. Russell 2000 is currently generating about 0.08 per unit of risk. If you would invest 116,256 in NQPH on October 24, 2017 and sell it today you would earn a total of 2,024 from holding NQPH or generate 1.74% return on investment over 30 days.