This module allows you to analyze existing cross correlation between Madrid Gnrl and NQTH. You can compare the effects of market volatilities on Madrid Gnrl 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 Madrid Gnrl with a short position of NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of Madrid Gnrl and NQTH.
|Time Horizon||30 Days Login to change|
Madrid Gnrl vs. NQTH
Assuming 30 trading days horizon, Madrid Gnrl is expected to generate 1.54 times more return on investment than NQTH. However, Madrid Gnrl is 1.54 times more volatile than NQTH. It trades about -0.1 of its potential returns per unit of risk. NQTH is currently generating about -0.23 per unit of risk. If you would invest 101,883 in Madrid Gnrl on May 19, 2018 and sell it today you would lose (2,319) from holding Madrid Gnrl or give up 2.28% of portfolio value over 30 days.