This module allows you to analyze existing cross correlation between OMXRGI and NQFI. You can compare the effects of market volatilities on OMXRGI 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 OMXRGI with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXRGI and NQFI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXRGI is expected to generate 1.3 times less return on investment than NQFI. In addition to that, OMXRGI is 1.35 times more volatile than NQFI. It trades about 0.41 of its total potential returns per unit of risk. NQFI is currently generating about 0.71 per unit of volatility. If you would invest 151,814 in NQFI on December 22, 2017 and sell it today you would earn a total of 10,227 from holding NQFI or generate 6.74% return on investment over 30 days.