This module allows you to analyze existing cross correlation between NQTH and NIKKEI 225. You can compare the effects of market volatilities on NQTH and NIKKEI 225 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 NIKKEI 225. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and NIKKEI 225.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQTH is expected to generate 0.47 times more return on investment than NIKKEI 225. However, NQTH is 2.11 times less risky than NIKKEI 225. It trades about 0.06 of its potential returns per unit of risk. NIKKEI 225 is currently generating about -0.29 per unit of risk. If you would invest 124,933 in NQTH on January 20, 2018 and sell it today you would earn a total of 974.00 from holding NQTH or generate 0.78% return on investment over 30 days.