This module allows you to analyze existing cross correlation between DOW and NQFI. You can compare the effects of market volatilities on DOW and NQFI 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 DOW with a short position of NQFI. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and NQFI.
|Time Horizon||30 Days Login to change|
DOW vs. NQFI
Given the investment horizon of 30 days, DOW is expected to under-perform the NQFI. In addition to that, DOW is 1.82 times more volatile than NQFI. It trades about -0.07 of its total potential returns per unit of risk. NQFI is currently generating about -0.05 per unit of volatility. If you would invest 166,098 in NQFI on March 26, 2018 and sell it today you would lose (3,317) from holding NQFI or give up 2.0% of portfolio value over 30 days.