This module allows you to analyze existing cross correlation between Stockholm and NQTH. You can compare the effects of market volatilities on Stockholm and NQTH 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 NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of Stockholm and NQTH.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Stockholm is expected to under-perform the NQTH. In addition to that, Stockholm is 1.55 times more volatile than NQTH. It trades about -0.16 of its total potential returns per unit of risk. NQTH is currently generating about -0.06 per unit of volatility. If you would invest 125,723 in NQTH on January 23, 2018 and sell it today you would lose (1,228) from holding NQTH or give up 0.98% of portfolio value over 30 days.