This module allows you to analyze existing cross correlation between NQTH and OMXVGI. You can compare the effects of market volatilities on NQTH and OMXVGI 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 OMXVGI. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and OMXVGI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NQTH is expected to generate 0.45 times more return on investment than OMXVGI. However, NQTH is 2.2 times less risky than OMXVGI. It trades about -0.04 of its potential returns per unit of risk. OMXVGI is currently generating about -0.18 per unit of risk. If you would invest 126,219 in NQTH on January 25, 2018 and sell it today you would lose (896.00) from holding NQTH or give up 0.71% of portfolio value over 30 days.