This module allows you to analyze existing cross correlation between OMXVGI and NQFI. You can compare the effects of market volatilities on OMXVGI 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 OMXVGI with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of OMXVGI and NQFI.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, OMXVGI is expected to under-perform the NQFI. In addition to that, OMXVGI is 1.05 times more volatile than NQFI. It trades about -0.22 of its total potential returns per unit of risk. NQFI is currently generating about 0.06 per unit of volatility. If you would invest 163,092 in NQFI on January 26, 2018 and sell it today you would earn a total of 3,006 from holding NQFI or generate 1.84% return on investment over 30 days.