|Horizon||30 Days Login to change|
NZSE vs. MerVal
Assuming 30 trading days horizon, NZSE is expected to generate 8.11 times less return on investment than MerVal. But when comparing it to its historical volatility, NZSE is 7.1 times less risky than MerVal. It trades about 0.16 of its potential returns per unit of risk. MerVal is currently generating about 0.18 of returns per unit of risk over similar time horizon. If you would invest 2,693,875 in MerVal on August 20, 2018 and sell it today you would earn a total of 519,815 from holding MerVal or generate 19.3% return on investment over 30 days.
Pair Corralation between NZSE and MerVal