This module allows you to analyze existing cross correlation between Stockholm and NQEGT. You can compare the effects of market volatilities on Stockholm and NQEGT 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 Stockholm with a short position of NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and NQEGT.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to generate 158.68 times less return on investment than NQEGT. But when comparing it to its historical volatility, Stockholm is 1.1 times less risky than NQEGT. It trades about 0.0 of its potential returns per unit of risk. NQEGT is currently generating about 0.64 of returns per unit of risk over similar time horizon. If you would invest 115,493 in NQEGT on February 19, 2018 and sell it today you would earn a total of 15,761 from holding NQEGT or generate 13.65% return on investment over 30 days.