This module allows you to analyze existing cross correlation between NQTH and Jakarta Comp. You can compare the effects of market volatilities on NQTH and Jakarta Comp 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 Jakarta Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and Jakarta Comp.
|Time Horizon||30 Days Login to change|
NQTH vs. Jakarta Comp
Assuming 30 trading days horizon, NQTH is expected to generate 1.11 times more return on investment than Jakarta Comp. However, NQTH is 1.11 times more volatile than Jakarta Comp. It trades about -0.02 of its potential returns per unit of risk. Jakarta Comp is currently generating about -0.12 per unit of risk. If you would invest 125,323 in NQTH on March 25, 2018 and sell it today you would lose (1,308) from holding NQTH or give up 1.04% of portfolio value over 30 days.