|Horizon||30 Days Login to change|
MerVal vs. DOW
Assuming 30 trading days horizon, MerVal is expected to under-perform the DOW. In addition to that, MerVal is 1.78 times more volatile than DOW. It trades about -0.06 of its total potential returns per unit of risk. DOW is currently generating about 0.0 per unit of volatility. If you would invest 2,533,999 in DOW on October 14, 2018 and sell it today you would lose (5,350) from holding DOW or give up 0.21% of portfolio value over 30 days.
Pair Corralation between MerVal and DOW