This module allows you to analyze existing cross correlation between Taiwan Wtd and NQTH. You can compare the effects of market volatilities on Taiwan Wtd 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 Taiwan Wtd with a short position of NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of Taiwan Wtd and NQTH.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Taiwan Wtd is expected to generate 1.09 times less return on investment than NQTH. But when comparing it to its historical volatility, Taiwan Wtd is 1.2 times less risky than NQTH. It trades about 0.5 of its potential returns per unit of risk. NQTH is currently generating about 0.45 of returns per unit of risk over similar time horizon. If you would invest 117,522 in NQTH on December 20, 2017 and sell it today you would earn a total of 7,231 from holding NQTH or generate 6.15% return on investment over 30 days.