|Horizon||30 Days Login to change|
MerVal vs. Bovespa
Assuming 30 trading days horizon, MerVal is expected to under-perform the Bovespa. In addition to that, MerVal is 1.65 times more volatile than Bovespa. It trades about -0.27 of its total potential returns per unit of risk. Bovespa is currently generating about 0.16 per unit of volatility. If you would invest 7,944,429 in Bovespa on September 23, 2018 and sell it today you would earn a total of 523,063 from holding Bovespa or generate 6.58% return on investment over 30 days.
Pair Corralation between MerVal and Bovespa