|Horizon||30 Days Login to change|
S&P 500 vs. NQEGT
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.42 times more return on investment than NQEGT. However, S&P 500 is 2.37 times less risky than NQEGT. It trades about -0.14 of its potential returns per unit of risk. NQEGT is currently generating about -0.13 per unit of risk. If you would invest 290,498 in S&P 500 on September 17, 2018 and sell it today you would lose (9,506) from holding S&P 500 or give up 3.27% of portfolio value over 30 days.
Pair Corralation between SP 500 and NQEGT