This module allows you to analyze existing cross correlation between NYSE and NQTH. You can compare the effects of market volatilities on NYSE 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 NYSE with a short position of NQTH. See also your portfolio center. Please also check ongoing floating volatility patterns of NYSE and NQTH.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, NYSE is expected to generate 1.2 times less return on investment than NQTH. But when comparing it to its historical volatility, NYSE is 1.53 times less risky than NQTH. It trades about 0.62 of its potential returns per unit of risk. NQTH is currently generating about 0.48 of returns per unit of risk over similar time horizon. If you would invest 117,407 in NQTH on December 21, 2017 and sell it today you would earn a total of 7,509 from holding NQTH or generate 6.4% return on investment over 30 days.