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|
NQTH vs. OMXVGI
Assuming 30 trading days horizon, NQTH is expected to under-perform the OMXVGI. In addition to that, NQTH is 3.08 times more volatile than OMXVGI. It trades about -0.23 of its total potential returns per unit of risk. OMXVGI is currently generating about 0.14 per unit of volatility. If you would invest 70,890 in OMXVGI on May 19, 2018 and sell it today you would earn a total of 692.68 from holding OMXVGI or generate 0.98% return on investment over 30 days.