This module allows you to analyze existing cross correlation between Shanghai and NQTH. You can compare the effects of market volatilities on Shanghai 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 Shanghai with a short position of NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of Shanghai and NQTH.
|Time 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 1.35 times more volatile than NQTH. It trades about -0.12 of its total potential returns per unit of risk. NQTH is currently generating about 0.03 per unit of volatility. If you would invest 124,495 in NQTH on March 23, 2018 and sell it today you would earn a total of 1,095 from holding NQTH or generate 0.88% return on investment over 30 days.