This module allows you to analyze existing cross correlation between NQTH and Bovespa. You can compare the effects of market volatilities on NQTH and Bovespa 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 Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and Bovespa.
|Time Horizon||30 Days Login to change|
NQTH vs. Bovespa
Assuming 30 trading days horizon, NQTH is expected to generate 0.92 times more return on investment than Bovespa. However, NQTH is 1.08 times less risky than Bovespa. It trades about 0.03 of its potential returns per unit of risk. Bovespa is currently generating about -0.02 per unit of risk. If you would invest 124,495 in NQTH on March 23, 2018 and sell it today you would earn a total of 1,095 from holding NQTH or generate 0.88% return on investment over 30 days.