|Horizon||30 Days Login to change|
Shanghai vs. NQTH
Assuming 30 trading days horizon, Shanghai is expected to under-perform the NQTH. In addition to that, Shanghai is 1.65 times more volatile than NQTH. It trades about -0.08 of its total potential returns per unit of risk. NQTH is currently generating about -0.1 per unit of volatility. If you would invest 115,470 in NQTH on September 16, 2018 and sell it today you would lose (2,530) from holding NQTH or give up 2.19% of portfolio value over 30 days.
Pair Corralation between Shanghai and NQTH