|Horizon||30 Days Login to change|
NQEGT vs. MerVal
Assuming 30 trading days horizon, NQEGT is expected to generate 0.51 times more return on investment than MerVal. However, NQEGT is 1.97 times less risky than MerVal. It trades about -0.06 of its potential returns per unit of risk. MerVal is currently generating about -0.24 per unit of risk. If you would invest 112,396 in NQEGT on September 21, 2018 and sell it today you would lose (2,599) from holding NQEGT or give up 2.31% of portfolio value over 30 days.
Pair Corralation between NQEGT and MerVal