|Horizon||30 Days Login to change|
NQEGT vs. DAX
Assuming 30 trading days horizon, NQEGT is expected to under-perform the DAX. In addition to that, NQEGT is 2.23 times more volatile than DAX. It trades about -0.25 of its total potential returns per unit of risk. DAX is currently generating about -0.21 per unit of volatility. If you would invest 1,206,185 in DAX on September 15, 2018 and sell it today you would lose (55,358) from holding DAX or give up 4.59% of portfolio value over 30 days.
Pair Corralation between NQEGT and DAX