This module allows you to analyze existing cross correlation between NQTH and All Ords. You can compare the effects of market volatilities on NQTH and All Ords 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 NQTH with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and All Ords.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQTH is expected to under-perform the All Ords. But the index apears to be less risky and, when comparing its historical volatility, NQTH is 1.27 times less risky than All Ords. The index trades about -0.1 of its potential returns per unit of risk. The All Ords is currently generating about -0.04 of returns per unit of risk over similar time horizon. If you would invest 616,470 in All Ords on January 26, 2018 and sell it today you would lose (5,950) from holding All Ords or give up 0.97% of portfolio value over 30 days.