|Horizon||30 Days Login to change|
Nasdaq vs. MerVal
Assuming 30 trading days horizon, Nasdaq is expected to generate 34.7 times less return on investment than MerVal. But when comparing it to its historical volatility, Nasdaq is 6.17 times less risky than MerVal. It trades about 0.04 of its potential returns per unit of risk. MerVal is currently generating about 0.24 of returns per unit of risk over similar time horizon. If you would invest 2,684,435 in MerVal on August 24, 2018 and sell it today you would earn a total of 748,277 from holding MerVal or generate 27.87% return on investment over 30 days.
Pair Corralation between Nasdaq and MerVal