Asset Comparison and Correlation
|MerVal vs NYSE|
Assuming 30 trading days horizon, MerVal is expected to under-perform the NYSE. In addition to that, MerVal is 4.81 times more volatile than NYSE. It trades about -0.02 of its total potential returns per unit of risk. NYSE is currently generating about -0.02 per unit of volatility. If you would invest 1,007,989 in NYSE on November 12, 2013 and sell it today you would lose (8,843) from holding NYSE or give up 0.88% of portfolio value over 30 days.
Match-ups for MerVal
Match-ups for NYSE