|Horizon||30 Days Login to change|
NQPH vs. Shanghai
Assuming 30 trading days horizon, NQPH is expected to generate 0.63 times more return on investment than Shanghai. However, NQPH is 1.6 times less risky than Shanghai. It trades about -0.11 of its potential returns per unit of risk. Shanghai is currently generating about -0.19 per unit of risk. If you would invest 96,899 in NQPH on September 18, 2018 and sell it today you would lose (2,515) from holding NQPH or give up 2.6% of portfolio value over 30 days.
Pair Corralation between NQPH and Shanghai