|Horizon||30 Days Login to change|
SPTSX Comp vs. Nasdaq
Assuming 30 trading days horizon, SPTSX Comp is expected to under-perform the Nasdaq. But the index apears to be less risky and, when comparing its historical volatility, SPTSX Comp is 1.84 times less risky than Nasdaq. The index trades about -0.02 of its potential returns per unit of risk. The Nasdaq is currently generating about 0.11 of returns per unit of risk over similar time horizon. If you would invest 779,994 in Nasdaq on August 20, 2018 and sell it today you would earn a total of 15,617 from holding Nasdaq or generate 2.0% return on investment over 30 days.
Pair Corralation between SPTSX Comp and Nasdaq