This module allows you to analyze existing cross correlation between NQTH and XU100. You can compare the effects of market volatilities on NQTH and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of NQTH and XU100.
|Time Horizon||30 Days Login to change|
NQTH vs. XU100
Assuming 30 trading days horizon, NQTH is expected to generate 0.49 times more return on investment than XU100. However, NQTH is 2.06 times less risky than XU100. It trades about 0.01 of its potential returns per unit of risk. XU100 is currently generating about -0.13 per unit of risk. If you would invest 109,096 in NQTH on May 23, 2018 and sell it today you would earn a total of 1,677 from holding NQTH or generate 1.54% return on investment over 30 days.