|Horizon||30 Days Login to change|
MerVal vs. ATX
Assuming 30 trading days horizon, MerVal is expected to under-perform the ATX. In addition to that, MerVal is 4.18 times more volatile than ATX. It trades about -0.12 of its total potential returns per unit of risk. ATX is currently generating about -0.23 per unit of volatility. If you would invest 338,070 in ATX on September 19, 2018 and sell it today you would lose (15,266) from holding ATX or give up 4.52% of portfolio value over 30 days.
Pair Corralation between MerVal and ATX