This module allows you to analyze existing cross correlation between Madrid Gnrl and NQEGT. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and NQEGT.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the NQEGT. In addition to that, Madrid Gnrl is 1.01 times more volatile than NQEGT. It trades about -0.03 of its total potential returns per unit of risk. NQEGT is currently generating about 0.06 per unit of volatility. If you would invest 103,680 in NQEGT on October 19, 2017 and sell it today you would earn a total of 1,124 from holding NQEGT or generate 1.08% return on investment over 30 days.