This module allows you to analyze existing cross correlation between Russia TR and NQEGT. You can compare the effects of market volatilities on Russia TR and NQEGT 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 Russia TR with a short position of NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of Russia TR and NQEGT.
|Time Horizon||30 Days Login to change|
Russia TR vs. NQEGT
Assuming 30 trading days horizon, Russia TR is expected to under-perform the NQEGT. In addition to that, Russia TR is 2.16 times more volatile than NQEGT. It trades about -0.08 of its total potential returns per unit of risk. NQEGT is currently generating about 0.46 per unit of volatility. If you would invest 116,623 in NQEGT on March 26, 2018 and sell it today you would earn a total of 23,080 from holding NQEGT or generate 19.79% return on investment over 30 days.