This module allows you to analyze existing cross correlation between NQTH and MerVal. You can compare the effects of market volatilities on NQTH and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and MerVal.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQTH is expected to generate 0.61 times more return on investment than MerVal. However, NQTH is 1.65 times less risky than MerVal. It trades about 0.09 of its potential returns per unit of risk. MerVal is currently generating about -0.12 per unit of risk. If you would invest 123,551 in NQTH on February 22, 2018 and sell it today you would earn a total of 1,907 from holding NQTH or generate 1.54% return on investment over 30 days.