This module allows you to analyze existing cross correlation between NZSE and NQFI. You can compare the effects of market volatilities on NZSE and NQFI 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 NZSE with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of NZSE and NQFI.
|Time Horizon||30 Days Login to change|
NZSE vs. NQFI
Assuming 30 trading days horizon, NZSE is expected to generate 0.74 times more return on investment than NQFI. However, NZSE is 1.36 times less risky than NQFI. It trades about 0.0 of its potential returns per unit of risk. NQFI is currently generating about -0.04 per unit of risk. If you would invest 832,142 in NZSE on March 25, 2018 and sell it today you would lose (1,780) from holding NZSE or give up 0.21% of portfolio value over 30 days.