This module allows you to analyze existing cross correlation between Straits Tms and NQTH. You can compare the effects of market volatilities on Straits Tms 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 Straits Tms with a short position of NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of Straits Tms and NQTH.
|Time Horizon||30 Days Login to change|
Straits Tms vs. NQTH
Given the investment horizon of 30 days, Straits Tms is expected to generate 1.2 times more return on investment than NQTH. However, Straits Tms is 1.2 times more volatile than NQTH. It trades about 0.06 of its potential returns per unit of risk. NQTH is currently generating about 0.05 per unit of risk. If you would invest 348,846 in Straits Tms on March 24, 2018 and sell it today you would earn a total of 8,492 from holding Straits Tms or generate 2.43% return on investment over 30 days.