This module allows you to analyze existing cross correlation between Shanghai and NQEGT. You can compare the effects of market volatilities on Shanghai and NQEGT 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 Shanghai with a short position of NQEGT. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and NQEGT.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Shanghai is expected to generate 37.31 times less return on investment than NQEGT. But when comparing it to its historical volatility, Shanghai is 1.29 times less risky than NQEGT. It trades about 0.02 of its potential returns per unit of risk. NQEGT is currently generating about 0.66 of returns per unit of risk over similar time horizon. If you would invest 115,321 in NQEGT on February 20, 2018 and sell it today you would earn a total of 15,752 from holding NQEGT or generate 13.66% return on investment over 30 days.