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 1.18 times less return on investment than ATX. In addition to that, NQTH is 1.11 times more volatile than ATX. It trades about 0.06 of its total potential returns per unit of risk. ATX is currently generating about 0.08 per unit of volatility. If you would invest 340,296 in ATX on February 17, 2018 and sell it today you would earn a total of 4,075 from holding ATX or generate 1.2% return on investment over 30 days.