This module allows you to analyze existing cross correlation between NQTH and OMXRGI. You can compare the effects of market volatilities on NQTH and OMXRGI 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 OMXRGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and OMXRGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQTH is expected to generate 0.74 times more return on investment than OMXRGI. However, NQTH is 1.35 times less risky than OMXRGI. It trades about 0.06 of its potential returns per unit of risk. OMXRGI is currently generating about -0.04 per unit of risk. If you would invest 124,916 in NQTH on January 19, 2018 and sell it today you would earn a total of 991.00 from holding NQTH or generate 0.79% return on investment over 30 days.