This module allows you to analyze existing cross correlation between NQTH and ATX. You can compare the effects of market volatilities on NQTH and ATX 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 ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and ATX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQTH is expected to generate about the same return on investment as ATX.But, NQTH is 1.08 times less risky than ATX. It trades about 0.53 of its potential returns per unit of risk. ATX is currently generating about 0.49 per unit of risk. If you would invest 342,063 in ATX on December 19, 2017 and sell it today you would earn a total of 20,745 from holding ATX or generate 6.06% return on investment over 30 days.