This module allows you to analyze existing cross correlation between Straits Tms and NQPH. You can compare the effects of market volatilities on Straits Tms and NQPH 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 Straits Tms with a short position of NQPH. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and NQPH.
|Time Horizon||30 Days Login to change|
Straits Tms vs. NQPH
Given the investment horizon of 30 days, Straits Tms is expected to under-perform the NQPH. But the index apears to be less risky and, when comparing its historical volatility, Straits Tms is 1.33 times less risky than NQPH. The index trades about -0.48 of its potential returns per unit of risk. The NQPH is currently generating about -0.21 of returns per unit of risk over similar time horizon. If you would invest 104,693 in NQPH on May 21, 2018 and sell it today you would lose (6,777) from holding NQPH or give up 6.47% of portfolio value over 30 days.