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|
Assuming 30 trading days horizon, Madrid Gnrl is expected to under-perform the NQTH. In addition to that, Madrid Gnrl is 1.47 times more volatile than NQTH. It trades about -0.33 of its total potential returns per unit of risk. NQTH is currently generating about 0.06 per unit of volatility. If you would invest 124,933 in NQTH on January 20, 2018 and sell it today you would earn a total of 974.00 from holding NQTH or generate 0.78% return on investment over 30 days.