This module allows you to analyze existing cross correlation between NQTH and Stockholm. You can compare the effects of market volatilities on NQTH and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and Stockholm.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQTH is expected to generate 0.69 times more return on investment than Stockholm. However, NQTH is 1.45 times less risky than Stockholm. It trades about -0.1 of its potential returns per unit of risk. Stockholm is currently generating about -0.09 per unit of risk. If you would invest 127,443 in NQTH on January 26, 2018 and sell it today you would lose (2,120) from holding NQTH or give up 1.66% of portfolio value over 30 days.