This module allows you to analyze existing cross correlation between Stockholm and NQFI. You can compare the effects of market volatilities on Stockholm 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 Stockholm with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and NQFI.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to generate 0.6 times more return on investment than NQFI. However, Stockholm is 1.66 times less risky than NQFI. It trades about -0.14 of its potential returns per unit of risk. NQFI is currently generating about -0.23 per unit of risk. If you would invest 58,838 in Stockholm on October 24, 2017 and sell it today you would lose (1,051) from holding Stockholm or give up 1.79% of portfolio value over 30 days.