This module allows you to analyze existing cross correlation between Russell 2000 and NQEGT. You can compare the effects of market volatilities on Russell 2000 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 Russell 2000 with a short position of NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of Russell 2000 and NQEGT.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Russell 2000 is expected to under-perform the NQEGT. In addition to that, Russell 2000 is 1.28 times more volatile than NQEGT. It trades about -0.16 of its total potential returns per unit of risk. NQEGT is currently generating about 0.02 per unit of volatility. If you would invest 115,664 in NQEGT on January 22, 2018 and sell it today you would earn a total of 305.00 from holding NQEGT or generate 0.26% return on investment over 30 days.